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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
QC
Quantá Crews
DDemocratic
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