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Bills · 2009-2010 Regular Session

SB 574

Died at session end Official bill text Atom feed

exemption from execution for payments made to certain family farm businesses.

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, certain assets of a debtor are immune from execution,

including $75,000 of the value of a person's homestead, consumer goods not to exceed

$12,000 in value, federal disability payments, and a motor vehicle not to exceed

$4,000 in value. Current law also exempts from execution 75 percent of the debtor's

net income per week. This exemption is limited to the extent necessary to support

the debtor and his or her dependents, but to not less than 30 times the greater of the

federal or state minimum wage.

This bill creates an exemption from execution for 75 percent of the interest and

right to receive payments by a family farm business from the sale of crops, livestock,

dairy products, or other farm products. The bill includes the language in current law

limiting the exemption to the extent necessary to support the debtor and his or her

dependents, but to not less than 30 times the greater of the federal or state minimum

wage. A family farm business is defined in the bill as a business whose members are

related by blood, adoption, or marriage.

Sponsors

Introduced by: Hansen (D) , Harsdorf (R) , Vinehout (D)

8 cosponsors

A. Ott (R) , Clark (D) , Spanbauer (R) , Suder (R) , Tauchen (R) , Townsend (R) , Vos (R) , Vruwink (D)

Votes

Senate: Report passage recommended by committee on Judiciary, Corrections, Insurance, Campaign Finance Reform, and Housing, Ayes 5, Noes 0

Passed 5–0 Apr 19, 2010 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Mar 2, 2010 · Senate

    Introduced by Senators Harsdorf, Vinehout and Hansen;Cosponsored by Representatives Vruwink, A. Ott, Clark, Spanbauer, Suder, Tauchen, Townsend and Vos

  2. Mar 2, 2010 · Senate

    Read first time and referred to committee on Judiciary, Corrections, Insurance, Campaign Finance Reform, and Housing

  3. Apr 1, 2010 · Senate

    Public hearing held

  4. Apr 19, 2010 · Senate

    Executive action taken

  5. Apr 19, 2010 · Senate

    Report passage recommended by committee on Judiciary, Corrections, Insurance, Campaign Finance Reform, and Housing, Ayes 5, Noes 0

  6. Apr 19, 2010 · Senate

    Available for scheduling

  7. Apr 19, 2010 · Senate

    Placed on calendar 4-20-2010 pursuant to Senate Rule 18(1)

  8. Apr 20, 2010 · Senate

    Read a third time and passed

  9. Apr 20, 2010 · Senate

    Ordered immediately messaged

  10. Apr 20, 2010 · Assembly

    Received from Senate

  11. Apr 20, 2010 · Assembly

    Read first time and referred to committee on Rules

  12. Apr 20, 2010 · Assembly

    Made a special order of business at 11:50 A.M. on 4-22-2010 pursuant to Assembly Resolution 26

  13. Apr 20, 2010 · Senate

    Read a second time

  14. Apr 20, 2010 · Senate

    Ordered to a third reading

  15. Apr 20, 2010 · Senate

    Rules suspended

  16. Apr 28, 2010 · Assembly

    Failed to concur in pursuant to Senate Joint Resolution 1