SB 1111 – Increases the homestead exemption

• Sponsor: Washington
• LR Number: 5561S.01I
• Last Action: 12/1/2025 - Prefiled
• Effective Date: August 28, 2026

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

Amendments

No Amendments Found.