LCO 3227 \\PRDFS1\HCOUSERS\BARRYJN\WS\2022HB-05464-R01-
HB.docx
1 of 4
General Assembly Raised Bill No. 5464
February Session, 2022
LCO No. 3227
Referred to Committee on JUDICIARY
Introduced by:
(JUD)
AN ACT CONCERNING THE VALUE OF THE HOMESTEAD
EXEMPTION.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. Section 52-352b of the 2022 supplement to the general 1
statutes is repealed and the following is substituted in lieu thereof 2
(Effective from passage): 3
The following property of any natural person shall be exempt: 4
(1) Necessary apparel, bedding, foodstuffs, household furniture and 5
appliances; 6
(2) Tools, books, instruments, farm animals and livestock feed, which 7
are necessary to the exemptioner in the course of his or her occupation, 8
profession or farming operation; 9
(3) Burial plot for the exemptioner and his or her immediate family; 10
(4) Public assistance payments and any wages earned by a public 11
assistance recipient under an incentive earnings or similar program; 12 Raised Bill No. 5464
LCO 3227 {\\PRDFS1\HCOUSERS\BARRYJN\WS\2022HB-05464-
R01-HB.docx }
2 of 4
(5) Health and disability insurance payments; 13
(6) Health aids necessary to enable the exemptioner to work or to 14
sustain health; 15
(7) Workers' compensation, Social Security, veterans and 16
unemployment benefits; 17
(8) Court-approved payments for child support; 18
(9) Arms and military equipment, uniforms or musical instruments 19
owned by any member of the militia or armed forces of the United 20
States; 21
(10) Up to two motor vehicles to the value of seven thousand dollars 22
in the aggregate, provided value shall be determined as the fair market 23
value of the motor vehicles less the amount of all liens and security 24
interests which encumber them; 25
(11) Wedding and engagement rings; 26
(12) Residential utility deposits for one residence, and one residential 27
security deposit; 28
(13) Any assets or interests of an exemptioner in, or payments 29
received by the exemptioner from, a plan or arrangement described in 30
section 52-321a; 31
(14) Alimony and support, other than child support, but only to the 32
extent that wages are exempt from execution under section 52-361a; 33
(15) An award under a crime reparations act; 34
(16) All benefits allowed by any association of persons in this state 35
towards the support of any of its members incapacitated by sickness or 36
infirmity from attending to his usual business; 37
(17) All moneys due the exemptioner from any insurance company 38 Raised Bill No. 5464
LCO 3227 {\\PRDFS1\HCOUSERS\BARRYJN\WS\2022HB-05464-
R01-HB.docx }
3 of 4
on any insurance policy issued on exempt property, to the same extent 39
that the property was exempt; 40
(18) Any interest of the exemptioner in any property not to exceed in 41
value one thousand dollars; 42
(19) Any interest of the exemptioner not to exceed in value four 43
thousand dollars in any accrued dividend or interest under, or loan 44
value of, any unmatured life insurance contract owned by the 45
exemptioner under which the insured is the exemptioner or an 46
individual of whom the exemptioner is a dependent; 47
(20) The cash surrender value of any life insurance policy issued upon 48
the life of a citizen or resident of this state, unless the life insurance 49
policy was assigned to or was effected for the benefit of the creditor or 50
unless the purchase, sale, or transfer of the life insurance policy is made 51
with the intent to defraud the creditor; 52
(21) The homestead of the exemptioner to the value of (A) on and 53
before September 30, 2021, seventy-five thousand dollars, or, in the case 54
of a money judgment arising out of services provided a hospital, to the 55
value of one hundred twenty-five thousand dollars, and (B) on and after 56
October 1, 2021, two hundred fifty thousand dollars, provided value 57
shall be determined as the fair market value of the real property less the 58
amount of any statutory or consensual lien which encumbers it, except 59
that, in the case of a money judgment arising out of a claim of sexual 60
abuse or exploitation of a minor, sexual assault or other wilful, wanton, 61
or reckless misconduct committed by a natural person, to the value of 62
seventy-five thousand dollars; and 63
(22) Irrevocable transfers of money to an account held by a debt 64
adjuster licensed pursuant to sections 36a-655 to 36a-665, inclusive, for 65
the benefit of creditors of the exemptioner. 66
This act shall take effect as follows and shall amend the following
sections:
Raised Bill No. 5464
LCO 3227 {\\PRDFS1\HCOUSERS\BARRYJN\WS\2022HB-05464-
R01-HB.docx }
4 of 4
Section 1 from passage 52-352b
JUD Joint Favorable