New Jersey · 2026-2027 Regular Session · Bill

A 1020: Increases debt execution exemption amounts for household goods, establishes for persons in debt homestead, bank account, and disposable earnings exemptions, and caps medical debt interest rate.

In committee Last action January 13, 2026: Introduced, Referred to Assembly Financial Institutions and Insurance Committee

Plain-language summary

A 1020 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Increases debt execution exemption amounts for household goods, establishes for persons in debt homestead, bank account, and disposable earnings exemptions, and caps medical debt interest rate. Primary sponsor: Singh, Balvir. Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Financial Institutions and Insurance Committee.

Sponsors

Primary sponsor: Singh, Balvir.