Exemptions from garnishment; minimum protected account balance, certain benefit payments.

Exemptions from garnishment; minimum protected account balance; certain benefit payments; procedure for financial institutions. Requires certain financial institutions to automatically exempt from garnishment (i) a minimum protected account balance, defined in the bill as the combined total of not more than $1,000 in a judgment debtor's account or across multiple accounts in the same financial institution, and (ii) a protected amount of certain benefit payments, defined in the bill, that have be…

Source: OpenStates · fetched April 13, 2026

• Low-income / working-classdirectModerate impactHigh certainty

  Protects a minimum account balance of $1,000 from garnishment, ensuring a basic level of financial stability.

  “Requires certain financial institutions to automatically exempt from garnishment (i) a minimum protected account balance, defined in the bill as the combined total of not more than $1,000 in a judgment debtor's account or across multiple accounts in the same financial institution”· Exemptions from garnishment; minimum protected account balance; certain benefit payments; procedure for financial institutions.