New York · 2025 Regular Session · Bill
A 7940: Relates to the motor vehicle exemption and the homestead exemption for certain money judgments and bankruptcy proceedings
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 7940 is a bill introduced in the New York House on April 16, 2025. According to its official title, it concerns: Relates to the motor vehicle exemption and the homestead exemption for certain money judgments and bankruptcy proceedings. Primary sponsor: Harry Bronson (Democratic). Most recent recorded action (February 25, 2026): REPORTED REFERRED TO WAYS AND MEANS.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Relates to the calculation of the homestead exemption amount; relates to the indexing of the homestead exemption for housing value changes; increases the amount of the motor vehicle exemption; limits the homestead exemption available to bankruptcy debtors to one exemption per household; increases the motor vehicle exemption available in bankruptcy proceedings.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Harry Bronson | Primary sponsor | Democratic | House | 138 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REPORTED REFERRED TO WAYS AND MEANS
- REFERRED TO CODES
- REFERRED TO CODES