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S.B. 49





Sponsor: David L. Gladwell

             5      This act modifies the Utah Exemptions Act to provide that the allowance for an exempt
             6      vehicle is not limited to a vehicle used for business or professional purposes.
             7      This act affects sections of Utah Code Annotated 1953 as follows:
             8      AMENDS:
             9          78-23-8, as last amended by Chapter 138, Laws of Utah 1997
             10      Be it enacted by the Legislature of the state of Utah:
             11          Section 1. Section 78-23-8 is amended to read:
             12           78-23-8. Value of exempt property -- Exemption of implements, professional books,
             13      tools, and motor vehicle.
             14          (1) An individual is entitled to exemption of the following property up to an aggregate
             15      value of items in each subsection of $500:
             16          (a) sofas, chairs, and related furnishings reasonably necessary for one household;
             17          (b) dining and kitchen tables and chairs reasonably necessary for one household;
             18          (c) animals, books, and musical instruments, if reasonably held for the personal use of the
             19      individual or his dependents; and
             20          (d) heirlooms or other items of particular sentimental value to the individual.
             21          (2) An individual is entitled to an exemption, not exceeding $3,500 in aggregate value, of
             22      implements, professional books, or tools of his trade.
             23          (3) An individual is entitled to an exemption, not exceeding $2,500 in value, of one motor
             24      vehicle [where such motor vehicle is used for the claimant's business or profession. Business or
             25      professional use of a motor vehicle does not include transportation to and from a claimant's place
             26      of work or business].
             27          (4) This section does not affect property exempt under Section 78-23-5 .

Legislative Review Note
    as of 11-16-01 10:51 AM

A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel

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