Relating to exemptions of property in bankruptcy proceedings
HB 2501 modifies West Virginia's bankruptcy exemption law to protect two specific assets. It allows surviving spouses to claim their deceased spouse's home exemption (up to $70,000 in value, instead of the standard $35,000) if the home was jointly owned and remains with the surviving spouse. Additionally, it explicitly exempts payments from governmental entities that subsidize a minor child's adoption from being seized in bankruptcy. These changes directly affect West Virginia residents filing for bankruptcy who are surviving spouses of deceased homeowners or receiving adoption subsidies. The bill makes no changes to other existing exemptions like medical malpractice protections or vehicle allowances.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Mar 2025
House of Delegates Passage
Mar 2025
Senate Passage
Governor
Introduced Feb 17, 2025
Last action Mar 13, 2025
Maddy AI version diff · 3 comparisons
What changed between versions
Committee Substitute
→
Committee Substitute for the Committee Substitute
·
2 edits
MINOR
The bill text was updated to reflect a new version of the Committee Substitute, changing the label from 'Committee Substitute' to 'hb2501 sub2' and reordering the version history list. These are primarily technical and formatting changes that clarify which version of the bill is currently being reviewed, rather than substantive policy changes.
TECHNICAL
The version title was changed from 'Committee Substitute' to 'hb2501 sub2' to more clearly identify the specific legislative text being amended.
The ordering of the version history list was adjusted, moving 'Committee Substitute' to the top and removing the duplicate 'Committee Substitute (2)' entry.
Floor votes · House of Delegates Mar 12, 2025
How they voted
81–0
Passed · 19 other
Total votes 100
Mar 12, 2025
D
Democratic9
88% Yea
R
Republican91
80% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
16
Key actions
2
Committee
4
Mar 13, 2025
Committee
To Finance
upper
Mar 13, 2025
Introduced
Introduced in Senate
upper
Mar 12, 2025
Lower · Passed
Passed House (Roll No. 67)
lower
Mar 7, 2025
Lower · Passed
By substitute, do pass
lower
Feb 17, 2025
Committee
To House Finance
lower
Feb 17, 2025
Introduced
Introduced in House
lower
Feb 17, 2025
Committee
To Finance
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Roop
RRepublican
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