| Chapter 366 |
| 2022 -- H 6623 Enacted 06/29/2022 |
| A N A C T |
| RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY--LEVY AND SALE ON EXECUTION |
Introduced By: Representative Arthur J. Corvese |
| Date Introduced: January 06, 2022 |
| It is enacted by the General Assembly as follows: |
| SECTION 1. Section 9-26-4 of the General Laws in Chapter 9-26 entitled "Levy and Sale |
| on Execution" is hereby amended to read as follows: |
| 9-26-4. Property exempt from attachment. |
| The following goods and property shall be exempt from attachment on any warrant of |
| distress or on any other writ, original, mesne, or judicial: |
| (1) The necessary wearing apparel of a debtor or of the debtor's family, if he or she has a |
| family. |
| (2) The working tools of a debtor necessary in the debtor's usual occupation, not exceeding |
| in value the sum of two thousand dollars ($2,000), and the professional library of any professional |
| person in actual practice. |
| (3) The household furniture, clothing, and family stores of a debtor, including beds and |
| bedding, not exceeding in value the sum of nine thousand six hundred dollars ($9,600). |
| (4) The bibles, school books, and other books in use in the family, not exceeding in value |
| the sum of three hundred dollars ($300). |
| (5) The debtor's interest in one lot or right of burial, as the case may be, in any cemetery. |
| (6) Wages due or accruing to any sailor. |
| (7) Debts secured by bills of exchange or negotiable promissory notes. |
| (8)(i) The entire salary or wages of any debtor due or payable from any charitable |
| corporation, or from any person or corporation engaged in the disbursement or administration of |
| any public charitable fund or money, whenever the salaries or wages are to be paid or supplied, |
| directly or indirectly, from any fund or money appropriated or contributed for the relief of the poor |
| or in aid of unemployment, and the debtor is the object of the relief or aid. |
| (ii) The entire wages or salary of any debtor due or payable from any employer, where the |
| debtor has been the object of relief from any state, federal, or municipal corporation or agency for |
| a period of one year from and after the time when the debtor ceases to be the object of such relief. |
| (iii) The salary or wages due or payable to any other debtor, not exceeding the sum of fifty |
| dollars ($50.00). |
| (9) The salary and wages of the wife and the minor children of any debtor. |
| (10) Such other property, real, personal, or mixed, in possession or actions as is or shall be |
| exempted from attachment and execution, either permanently or temporarily, by general or special |
| acts, charters of incorporation, or by the policy of the law. |
| (11) An individual retirement account or individual retirement annuity as defined in the |
| Internal Revenue Code, 26 U.S.C. §§ 408 and 408A, and the payments or distributions from such |
| an account or annuity, except that this exemption does not apply to any of the following: |
| (i) An order of a court pursuant to a judgment of divorce or separate maintenance. |
| (ii) An order of a court concerning child support. |
| (iii) Contributions to an individual retirement account, or premiums on an individual |
| retirement annuity, including the earnings or benefits from those contributions or premiums that |
| constitute an excess contribution within the meaning of Section 4973 of the Internal Revenue Code, |
| [26 U.S.C. § 4973]. |
| (12) The right or interest of a person in an annuity, pension, profit sharing, or other |
| retirement plan protected by the Employee Retirement Income Security Act of 1974, Public Law |
| 93-406, 29 U.S.C. § 1001 et seq. This exemption shall also apply to the operation of the Federal |
| Bankruptcy Code, as permitted by 11 U.S.C. § 522(d)(10)(E). This exemption shall not apply to |
| the right or interest of a person in an annuity, pension, profit sharing, or other retirement plan to |
| the extent that that right or interest is subject to any of the following: |
| (i) An order of the court pursuant to a judgment of divorce or separated separate |
| maintenance. |
| (ii) An order of a court concerning child support. |
| This exemption shall not apply to contributions to, and the earnings of, any of the |
| retirement plans enumerated in this subdivision that are not qualified retirement plans as defined |
| by the Internal Revenue Code, 26 U.S.C. § 401. |
| (13) Any and all motor vehicles owned by the debtor not to exceed an aggregate total of |
| twelve thousand dollars ($12,000). |
| (14) Any and all jewelry owned by the debtor not to exceed an aggregate total of two |
| thousand dollars ($2,000). |
| (15) An account balance, right, or interest of a person in a "prepaid tuition program" or a |
| "tuition savings program" as defined in § 16-57-3(10) and (16), respectively. This exemption shall |
| not apply to a balance, right, or interest to the extent that the balance, right, or interest is subject to |
| any of the following: |
| (i) An order of a court pursuant to a judgment of divorce or separate maintenance; |
| (ii) An order of a court concerning child support. |
| (16) In addition to the exemptions herein, a debtor in bankruptcy may exempt an additional |
| six thousand five hundred dollars ($6,500) in any assets. |
| (17) The real property of any person having debts secured by casino-issued lines of credit, |
| also known as "casino markers," that are issued to casino patrons by the casino credit department |
| or other department or agency of the casino. |
| (18) Savings or other deposits held in a banking, or financial institution not exceeding the |
| sum of five hundred dollars ($500). |
| SECTION 2. This act shall take effect upon passage. |
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| LC003168 |
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