AB 567, Wagner. Enforcement of money judgments: exemptions
Under existing law, the California Law Revision Commission is authorized to study and continually review and make recommendations concerning the state’s enforcement of judgments law. As a part of this authority, existing law requires the Commission to review the statutory amounts of money that are exempt from the enforcement of money judgments law every 10 years and to recommend to the Governor and the Legislature any changes in exempt amounts that appear proper. A more recent law created a cost of living adjustment mechanism to automatically increase the exemption amounts every 3 years.
This bill would delete the requirement that the California Law Revision Commission make the decennial recommendations, while retaining the commission’s general authority to study, review, and make recommendations regarding the enforcement of judgments law.
The people of the State of California do enact as follows:
Section 681.035 is added to the Code of Civil Procedure, to read:
The California Law Revision Commission is authorized to maintain a continuing review of and submit recommendations to the Governor and the Legislature concerning enforcement of judgments.
Section 703.120 of the Code of Civil Procedure is repealed.