SB 1111 - Washington, Barbara
Increases the homestead exemption
Bill Details
Sponsor
LR Number
5561S.01I
Title
SB 1111
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2026
Committee
Current Status
Bill Combined w/SCS SBs 835 & 1111
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1111 - Current bankruptcy law provides for a homestead exemption provided the value of the homestead does not exceed $15,000. This act increases the value to $50,000.
KATIE O'BRIEN