SB 197 IN Passed One Chamber
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Summary
Amends the limitation on garnishment provided in the Uniform Consumer Credit Code. Requires a garnishment order or attachment order that requires an employer to make deductions from a debtor's disposable earnings to provide certain information to the employer. Provides that tangible personal property, including choses in action, deposit accounts, and cash (but excluding debts owing and income owing), of $1,500 is exempt from bankruptcy (current law is $300). Removes provisions in code requiring the department of financial institutions to adopt rules that establish or adjust exemption amounts for purposes of bankruptcy proceedings.
Sponsors (3)
- Greg Walker Republican · author
- Kyle Walker Republican · author
- Alex Zimmerman Republican · sponsor
5 coauthors / cosponsors
- Ron Alting Republican · coauthor
- Fady Qaddoura Democratic · coauthor
- Lonnie Randolph Democratic · coauthor
- J.D. Ford Democratic · coauthor
- Rick Niemeyer Republican · coauthor
Action history (14)
- Jan 6, 2026 Authored by Senator Walker G · upper
- Jan 6, 2026 First reading: referred to Committee on Insurance and Financial Institutions · upper
- Jan 13, 2026 Senator Alting added as coauthor · upper
- Jan 13, 2026 Senator Walker K added as second author · upper
- Jan 15, 2026 Senator Qaddoura added as coauthor · upper
- Jan 15, 2026 Senator Randolph added as coauthor · upper
- Jan 22, 2026 Committee report: amend do pass, adopted · upper
- Jan 26, 2026 Second reading: ordered engrossed · upper
- Jan 27, 2026 Third reading: passed; Roll Call 104: yeas 32, nays 13 · upper
- Jan 27, 2026 House sponsor: Representative Zimmerman · upper
- Jan 27, 2026 Senator Niemeyer added as coauthor · upper
- Jan 27, 2026 Senator Ford J.D. added as coauthor · upper
- Jan 28, 2026 Referred to the House · upper
- Jan 29, 2026 First reading: referred to Committee on Judiciary · lower
Full text
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