Missouri HB1870 modifies garnishment provisions, exempting certain property and funds from attachment and execution.

Missouri HB1870 modifies provisions relating to garnishments by exempting specific property and funds from attachment and execution. The bill outlines exemptions for household furnishings, personal property, and certain retirement and benefit plans. It also sets limits on the value of exempt items and specifies conditions under which exemptions do not apply. Adjustments to exemption values will be made every three years based on the Consumer Price Index. The provisions of this bill are set to take effect on January 1, 2027.

Missouri HB1870 modifies garnishment provisions, exempting certain property and funds from attachment and execution.

Missouri HB1870 modifies provisions relating to garnishments by exempting specific property and funds from attachment and execution. The bill outlines exemptions for household furnishings, personal property, and certain retirement and benefit plans. It also sets limits on the value of exempt items and specifies conditions under which exemptions do not apply. Adjustments to exemption values will be made every three years based on the Consumer Price Index. The provisions of this bill are set to take effect on January 1, 2027.