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Key Votes

H 3816 - Bankruptcy Exemptions - Key Vote

South Carolina Key Votes

Grady Brown Did Not Vote on this Legislation.

Read statements Grady Brown made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Veto Override Passed (Senate) (45-0) -
Legislation - Veto Override Passed (House) (78-26) - (Key vote)

Title: Bankruptcy Exemptions

Vote Smart's Synopsis:

Vote to pass a bill that increases how much property, cash, and other assets that debtors can keep in the case of debt collection.

Highlights:
- Allows debtors to keep motor vehicles valued at up to $5,000 (Sec. 1). - Allows debtors to keep household furnishings, goods, apparel, appliances, books, animals, crops, or musical instruments worth up to $4,000 in aggregate value (Sec. 1). - Allows debtors to keep jewelry worth up to $1,000 in aggregate value (Sec. 1). - Allows debtors to keep cash and other liquid assets worth up to $5,000 in aggregate value (Sec. 1). - Allows debtors to keep professional books or tools of the trade worth up to $1,500 in aggregate value (Sec. 1). - Allows debtors to keep property worth up to $5,000 of an unused exemption amount to which the debtor is entitled (Sec. 1). - Requires that dollar amounts be adjusted for inflation beginning on July 1, 2008, and every two years thereafter (Sec. 1).
Legislation - Vetoed (Executive) -

Title: Bankruptcy Exemptions

Legislation - Bill Passed (Senate) -
Legislation - Bill Passed (House) -
Legislation - Introduced (House) -

Title: Bankruptcy Exemptions

Vote Smart's Synopsis:

Vote to pass a bill that increases how much property, cash, and other assets that debtors can keep in the case of debt collection.

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