Bills · 2009-2010 Regular Session
increasing the amount of the homestead exemption.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, a circuit court may order a sheriff to seize a debtor's property
and sell as much of the nonexempt property as is necessary to pay the amount owed
under a judgment that a creditor has obtained from the court. This process is known
as an "execution." Currently, certain items are exempt from execution, including
$40,000 of the value of a person's homestead. A "homestead" is defined under current
law as a dwelling, and so much of the land surrounding it as is reasonably necessary
for use of the dwelling as a home.
This bill increases the amount of a homestead's value that is exempt from
$40,000 to $75,000.
Sponsors
Votes
Assembly: Report passage recommended by committee on Judiciary and Ethics, Ayes 6, Noes 4
Passed 6–4 Apr 23, 2009 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- Apr 2, 2009 · Assembly
Introduced by Representatives Hebl, Black, Berceau, Pope-Roberts, Turner, A. Williams, Zepnick, Fields, Spanbauer and Molepske Jr.;Cosponsored by Senators Taylor, Holperin, Lehman, Miller, Decker, Erpenbach, Wirch and Vinehout
- Apr 2, 2009 · Assembly
Read first time and referred to committee on Judiciary and Ethics
- Apr 14, 2009 · Assembly
Public hearing held
- Apr 21, 2009 · Assembly
Executive action taken
- Apr 23, 2009 · Assembly
Report passage recommended by committee on Judiciary and Ethics, Ayes 6, Noes 4
- Apr 23, 2009 · Assembly
Referred to committee on Rules
- Apr 28, 2010 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1