Amends the limitation on garnishment provided in the Uniform Consumer Credit Code. Requires a garnishment order or attachment order that requires an employer to make deductions from a debtor's disposable earnings to provide certain information to the employer. Provides that tangible personal property, including choses in action, deposit accounts, and cash (but excluding debts owing and income owing), of $1,500 is exempt from bankruptcy (current law is $300).
Removes provisions in code requiring the department of financial institutions to adopt rules that establish or adjust exemption amounts for purposes of bankruptcy proceedings.
- Chamber
- Senate
- Introduced
- Jan 6, 2026
- Last action
- Jan 29, 2026 — First reading: referred to Committee on Judiciary
- Session
- 2026
- Momentum
- 71 · High