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Neutral Bill Feb 26, 2026

Garnishment.

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.

https://openstates.org/in/bills/2026/SB197/
Ron Alting State Senator J.D Ford State Senator Cosponsor Rick Niemeyer State Senator Cosponsor Greg Walker State Senator Kyle Walker State Senator Cosponsor Rudy Yakym U.S. Representative
PROPERTY; Generally Labor & wages Business regulation & licensing Insurance & financial services
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