Increases the exemption amount for real property from attachment or execution in Hawaii.

This bill amends Hawaii Revised Statutes to increase the exemption amount for real property from attachment or execution. The exemption amount is raised to account for inflation since the last increase in 1978. The new exemption covers an interest in one parcel of real property in Hawaii, with a fair market value not exceeding $90,000 for heads of families or individuals aged 65 and older, and $60,000 for other individuals. The changes take effect on July 1, 2025.

Increases the exemption amount for real property from attachment or execution in Hawaii.

This bill amends Hawaii Revised Statutes to increase the exemption amount for real property from attachment or execution. The exemption amount is raised to account for inflation since the last increase in 1978. The new exemption covers an interest in one parcel of real property in Hawaii, with a fair market value not exceeding $90,000 for heads of families or individuals aged 65 and older, and $60,000 for other individuals. The changes take effect on July 1, 2025.