Indiana SB0197 amends the state's trade regulation code to modify garnishment limits and exemptions.

Indiana SB0197 amends the Indiana Code concerning trade regulation, specifically modifying the garnishment limits and exemptions. The bill adjusts the maximum amount of disposable earnings that can be subjected to garnishment to enforce judgments, setting different percentages based on whether the individual supports a spouse or dependent child. It also increases the exemption for tangible personal property from $300 to $1,500, excluding debts owing and income owing.

Indiana SB0197 amends the state's trade regulation code to modify garnishment limits and exemptions.

Indiana SB0197 amends the Indiana Code concerning trade regulation, specifically modifying the garnishment limits and exemptions. The bill adjusts the maximum amount of disposable earnings that can be subjected to garnishment to enforce judgments, setting different percentages based on whether the individual supports a spouse or dependent child. It also increases the exemption for tangible personal property from $300 to $1,500, excluding debts owing and income owing.