HB 2351 - Increases Homestead Exemption Limit to $450,000 - Arizona Key Vote

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Title: Increases Homestead Exemption Limit to $450,000

Vote Smart's Synopsis:

Vote to concur with Senate amendment and pass a bill that increases the homestead exemption limit to $450,000.

Highlights:

  • Increases homestead exemption limit from $250,000 in value to $450,000 (Page 2).

  • Specifies applicability of homestead exemption: “To any recorded and otherwise valid claim of homestead, whether recorded before or after the effective date of this act, against any creditor who attempts to enforce a judgment or lien on or after the effective date of this act” (Page 2).

See How Your Politicians Voted

Title: Increases Homestead Exemption Limit to $450,000

Vote Smart's Synopsis:

Vote to pass a bill that increases the homestead exemption limit to $450,000

Highlights:

  • Increases homestead exemption limit from $250,000 in value to $450,000 (Page 2).

  • Specifies applicability of homestead exemption: “To any recorded and otherwise valid claim of homestead, whether recorded before or after the effective date of this act, against any creditor who attempts to enforce a judgment or lien on or after the effective date of this act” (Page 2).


Title: Increases Homestead Exemption Limit to $450,000

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