AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- LEVY AND SALE ON EXECUTION

HB 5645 adds qualified 529 college savings plans (state-authorized under federal tax law) to the list of assets protected from creditor seizure through court orders. It exempts these education savings accounts from being taken to satisfy debts, similar to existing protections for retirement accounts. However, this exemption does not apply if funds are subject to court orders for divorce settlements or child support. The bill amends civil procedure law to explicitly include 529 plans as non-seizable property for debt collection purposes.