Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF3137

Introduced
3/27/23  

Caption

Property types that cannot be attached, garnished, or sold in a final judgement expansion

Impact

If enacted, this bill would have a significant impact on the laws governing debtor and creditor relations in Minnesota. By expanding the list of exempt properties, such as household tools and vehicles designed for the physical assistance of disabled individuals, the legislation seeks to provide greater financial security for vulnerable populations. The changes indicate an intent to ensure that individuals facing financial difficulties can retain essential goods that contribute to their livelihood and well-being.

Summary

SF3137 proposes amendments to Minnesota Statutes related to civil actions, specifically expanding the types of property that cannot be attached, garnished, or sold in a final judgment. The bill aims to strengthen protections for debtors by broadening the exemptions available to them regarding personal property and various forms of financial assistance. The specific changes include alterations to existing exemptions and the introduction of new categories of property that debtors can claim as exempt from creditor claims.

Contention

Notably, SF3137 may generate contention among creditor advocates and debtor support groups. Critics may argue that increasing exemption limits can hinder creditors' ability to recover debts, potentially leading to financial losses for businesses and lending institutions. Conversely, proponents of the bill argue it addresses the pressing needs of low-income families and individuals, allowing them to avoid destitution when faced with legal judgments. The debate around the balance of rights for debtors and creditors will likely be a central theme in the legislative discussions surrounding this bill.

Companion Bills

MN HF2500

Similar To Types of property that cannot be attached, garnished, or sold in final judgement expanded.

Previously Filed As

MN HF2500

Types of property that cannot be attached, garnished, or sold in final judgement expanded.

MN SF4065

Various provisions modification governing debt collection, garnishment, and consumer finance

MN SF4602

Debt collection, garnishment and consumer finance provisions modifications; debtor protections authorization; related statutory review requirement

MN HF4100

Debt collection, garnishment, medical debt, and consumer finance various governing provisions modified; debtor protections provided; statutory forms modified; and statutory form review required.

MN HF3188

Garnishment and bankruptcy exemptions modified.

MN SF1606

Exemptions modification for garnishment and bankruptcy

MN SF3049

Exempting property tax refunds from attachment, garnishment or sale

MN SB1477

Enforcement of judgments: wage garnishment.

MN SF2847

Statutory forms pertaining to garnishment modification

MN HB1575

Relating to personal property that is exempt from garnishment, attachment, execution, or other seizure.

Similar Bills

MN SF2128

Omnibus Agriculture policy bill

MN HF4220

Settings subject to assisted living licensure expanded, and requirements for settings exempt from assisted living licensure modified.

MN SF4044

Assisted living licensure settings expansion and settings exempt from assisted living licensure requirements modification

MN HF42

Labor trafficking definitions amended, penalties enhanced, conforming changes made relating to statewide human trafficking assessment, and Sentence Guidelines Commission required to consider assigning a severity level ranking to the labor trafficking crime.

MN HF156

Manufactured home park utility billing practice provisions amended.

MN SF1472

Provisions modification related to utility billing practices in manufactured home parks

MN HF733

Nursing facility payment rates modified, elderly waiver rates modified, payment rates for customized living services provided under disability waivers modified, payment rates for home-delivered meals under disability waivers modified, and money appropriated.

MN HF4840

Refundable sales and use tax exemptions provided for independent school district construction projects.