General Assembly Proposed Bill No. 5196
January Session, 2021 LCO No. 518
Referred to Committee on JUDICIARY
Introduced by:
REP. CONLEY, 40th Dist.
SEN. OSTEN, 19th Dist.
AN ACT CONCERNING REAL AND PERSONAL PROPERTY THAT IS
EXEMPT FROM A JUDGMENT CREDITOR.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
1 That section 52-352b of the general statutes be amended to: (1)
2 Increase the value of the homestead exemption to two hundred fifty
3 thousand dollars; and (2) provide that the cash surrender value of life
4 insurance policies shall be exempt from a judgment creditor.
Statement of Purpose:
To increase the value of certain real and personal property that shall be
exempt from a judgment creditor and provide that the cash surrender
value of life insurance policies shall be exempt from a judgment
creditor.
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