HB1897 Exempts from attachment or execution a person's right to a state or local deferred compensation account.
Sponsor: O'Toole, James P. (68) Effective Date:00/00/0000
CoSponsor: LR Number: 4320L.01I
Last Action: COMMITTEE: CIVIL AND ADMINISTRATIVE LAW
03/01/2000 - Public Hearing Held (H)
HB1897
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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Available Bill Summaries for HB1897 Copyright(c)
* Introduced

Available Bill Text for HB1897
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BILL SUMMARIES

INTRODUCED

HB 1897 -- Exemptions from Attachments

Sponsor:  O'Toole

This bill adds deferred compensation accounts of state employees
to the list of property that is exempt from any order of
attachment or execution.  (Attachment is the process by which a
court places a lien upon the property of a party in a lawsuit to
ensure that damages can be paid by that party.  Execution is
where the court actually seizes such property for the benefit of
the prevailing party.)


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Last Updated October 5, 2000 at 11:35 am