Sacramento Report
April 17, 2012
Law Revision Commission Reviews Exemptions from Money Judgments
The California Law Revision Commission is undertaking its third decennial review of the exemptions from money judgments. The staff is recommending the review be limited to the whether the general exemptions and bankruptcy exemptions need to be adjusted for inflation, since the homestead exemption already receives regular legislative attention. However, since the exemptions now have a COLA provision, the Commission staff is also recommending consideration of repealing the requirement for a decennial review.
