HB 2908 Arizona House · 57th Legislature - First Regular Session

personal property exemption; money proceeds.

This bill amends Arizona's exemption law to better protect essential income from creditors. It increases the $5,000 personal property exemption to adjust annually with inflation, adds exemptions for federal/state earned income and child tax credits, and expands protections for retirement plan benefits. It also preserves existing exemptions for child support, disability insurance proceeds, and prepaid rent (up to $2,000 for housing). These changes directly affect Arizona residents relying on these specific income streams for basic needs. The law ensures these funds remain accessible while maintaining creditor protections.
Bill status introduced 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2025 Last action Feb 18, 2025
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1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
QC
Quantá Crews
DDemocratic
AZ
26