2023 House Bill 4901

Civil procedure: bankruptcy; bankruptcy exemptions; modify.

A bill to amend 1961 PA 236, entitled “Revised judicature act of 1961,” by amending section 5451 (MCL 600.5451), as amended by 2012 PA 451.

Official record

House Fiscal Agency Analysis

House Bill 4901 would amend the Revised Judicature Act to modify the maximum value of the maximum exemptions for various categories of property that are exempt from the estate property (i.e., property that cannot be sold to pay creditors) during bankruptcy proceedings and make related changes.

Introduced in the House

July 18, 2023

Introduced by Rep. Brenda Carter (D-53) and 16 co-sponsors

Co-sponsored by Reps. Kara Hope (D-74), Emily Dievendorf (D-77), Jenn Hill (D-109), Felicia Brabec (D-33), Rachel Hood (D-81), Mike McFall (D-8), Sharon MacDonell (D-56), Erin Byrnes (D-15), Donavan McKinney (D-14), Jimmie Wilson (D-32), Veronica Paiz (D-11), Tyrone Carter (D-1), Helena Scott (D-7), Cynthia Neeley (D-70), Amos O’Neal (D-94) and Karen Whitsett (D-4)

Referred to the Committee on Insurance and Financial Services