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 Back | 144th General Assembly
Senate Bill # 240 |
| Primary Sponsor: | Peterson | Additional Sponsor(s): Sens. Henry Sokola & Ennis Rep. Kowalko |
| CoSponsors: | { NONE...} |
| Introduced on : | 04/16/2008 | |
| Long Title: | AN ACT TO AMEND TITLE 10 OF THE DELAWARE CODE RELATING TO EXEMPTIONS. |
| Synopsis: | This Bill allows equity in real property to be protected from creditors to the same extent as equity in investments or other personal property assets. Currently a certain value in personal property assets such as stocks, bonds, cars, etc. can be exempted but investment equity in real estate that is not the debtor’s residence is not protected. This Bill will allow equal exemptions treatment between personal property investment value and real property net value.
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| Committee Reports: |
Senate Committee report 05/14/08 F=0 M=4 U=0----->
House Committee Report 06/11/08 F=0 M=7 U=0----> |
| Voting Reports: |
Senate vote: () Passed 6/4/08 5:22:46 PM------->
House vote: () Passed 6/26/08 8:38:11 PM-------> |
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Actions History:
| Jul 16, 2008 - Signed by Governor
Jun 26, 2008 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 11, 2008 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING & INSURANCE) in House with 7 On Its Merits
Jun 05, 2008 - Introduced and Assigned to Economic Development/Banking & Insurance Committee in House
Jun 04, 2008 - Passed by Senate. Votes: 19 YES 0 NO 0 NOT VOTING 2 ABSENT
May 14, 2008 - Reported Out of Committee (BANKING) in Senate with 4 On Its Merits
Apr 16, 2008 - Assigned to Banking Committee in Senate
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