1233 AMS HEAV 40

HB 1233 - S AMD TO S JUD AMD (S2581.1) - 344

    By     Senators Heavey, Benton and Johnson

                                                    ADOPTED 4/13/99

    On page 2, after line 12, insert the following:

    "Sec. 4.  RCW 6.13.030 and 1993 c 200 s 2 are each amended to read as follows:

    A homestead may consist of lands, as described in RCW 6.13.010, regardless of area, but the homestead exemption amount shall not exceed the lesser of (1) the total net value of the lands, mobile home, improvements, and other personal property, as described in RCW 6.13.010, or (2) the sum of ((thirty)) forty thousand dollars in the case of lands, mobile home, and improvements, or the sum of fifteen thousand dollars in the case of other personal property described in RCW 6.13.010, except where the homestead is subject to execution, attachment, or seizure by or under any legal process whatever to satisfy a judgment in favor of any state for failure to pay that state's income tax on benefits received while a resident of the state of Washington from a pension or other retirement plan, in which event there shall be no dollar limit on the value of the exemption."

HB 1233 - S AMD TO S JUD AMD S2581.1

    By Senators Heavey, Benton and Johnson

                                                    ADOPTED 4/13/99

    On page 2, line 18 of the title amendment, strike "and 6.13.160" and insert "6.13.160, and 6.13.030"

                            --- END ---

EFFECT: The homestead exemption is increased to account for inflation since the last adjustment (1987).