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S 8109

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: May 21, 2025.

Relates to the motor vehicle exemption and the homestead exemption for certain money judgments and bankruptcy proceedings.

Bill ID NY-2025-2026-S-8109
Session 2025-2026
Status in_committee
Committee Judiciary
Senate in_committee 2025-05-21
Housing Transportation
Summary

Relates to the calculation of the homestead exemption amount; relates to the indexing of the homestead exemption for housing value changes; increases the amount of the motor vehicle exemption; limits the homestead exemption available to bankruptcy debtors to one exemption per household; increases the motor vehicle exemption available in bankruptcy proceedings.

Sponsor
Sean Ryan
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-05-15 Introduced Bill introduced
2025-05-21 Status in_committee
2025-05-21 Latest Action In Senate Committee
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