HB2730 S JUD AMT #1 4-5

Dean  7897

 

The Committee on the Judiciary moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

Eng. House Bill 2730—A Bill to amend and reenact §38-10-4 of the Code of West Virginia, 1931, as amended, relating generally to exemptions of property in bankruptcy; allowing a debtor in bankruptcy to use the federal law exemptions under 11 U.S.C. §522(d); increasing the value of a debtor’s interest in property the debtor or a dependent of the debtor uses as a residence, in a cooperative that owns property that the debtor or a dependent of the debtor uses as a residence or in a burial plot for the debtor or a dependent of the debtor to $35,000; increasing the value of a debtor physician’s interest that is exempt to $35,000; increasing the value of a debtor’s interest in one motor vehicle to $7,500; and providing for an effective date.

 

 

 

 

 

Adopted

Rejected