Emergency relief payments; automatic exemption from creditor process.

Automatic exemption of emergency relief payments during a state of emergency; emergency. Automatically exempts from the creditor process emergency relief payments, as defined in the bill, paid to individuals and businesses during a state of emergency declared by the Governor. The bill further requires a financial institution receiving such payments directly from a governing body to set aside such payment as exempt from the creditor process under certain circumstances. The bill provides that, if a financial institution does not set aside such payments as exempt, the accountholder receiving such payments must claim the exemption. The bill contains an emergency clause.