Summary of the Introduced Bill

HB 1350 -- Attachments and Executions

Sponsor:  Byrd

This bill makes changes to the laws regarding exemptions from
attachment and execution.  In its main provisions, the bill:

(1)  Expands the list of property that is exempt to include a
wedding ring not to exceed $1,500 in value;

(2)  Increases from $1,000 to $3,000 the exemption amount for
household furnishings;

(3)  Increases from $400 to $600 the exemption amount for any
other property;

(4)  Increases from $2,000 to $3,000 the exemption amount for
tools of the trade, adding to the list breeding stock and dairy
cattle;

(5)  Increases from $1,000 to $3,000 the exemption amount for
motor vehicles;

(6)  Increases from $1,000 to $5,000 the exemption amount for a
mobile home used as a primary residence, but restricts it to
mobile homes not on or attached to real property in which the
debtor has an interest;

(7)  Increases from $500 to $750 per month the exemption amount
for alimony or support; and

(8)  Increases from $850 to $1,250 the head of household
exemption and increases from $250 to $350 the dependent child
exemption; and

(9)  Clarifies that the dependent child exemption also includes
children determined to be disabled by the Social Security
Administration.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:15 am