Courts - Exemptions From Execution on Judgments - Residential Real Property
Referred Judicial Proceedings (Senate)
Summary
The bill increases the amount of Maryland‑state exemption for an individual’s primary residence in a bankruptcy case and adds property held in a revocable trust. It sets a $150,000 exemption for most debtors and $300,000 for veterans or disabled seniors, with annual CPI adjustments. The changes apply only to bankruptcy filings after June 1, 2026.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 1098
3 free questions a day, no accountHearings
- Economic Matters — Bill HearingEconomic Matters · Mar 5, 2026
History
- Referred Judicial Proceedings
- Third Reading Passed
- Second Reading Passed with Amendments
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments {
- Hearing canceled
- Hearing 3/05 at 1:30 p.m.
- Hearing 3/05 at 1:00 p.m.
- First Reading Economic Matters
Sponsors
- Stewart · sponsor
- Tomlinson
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