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Senate bill · S5968 (2025-26)

Increases the value of homesteads which are to be exempt from civil judgments

New York State Senate

Latest action Jun 5, 2026

Sponsor: Kevin S. Parker (State Senator, District 21, Democratic/Working Families)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 19, 2026. About our data

Summary

Increases the value of homesteads which are exempt from civil judgments from one hundred fifty thousand to two hundred fifty thousand dollars.

Summary from NY Open Legislation. How we handle summaries

Purpose, from the sponsor's memo

This bill would amend the Civil Practice Law and Rules, in relation to increasing the value of the homestead exemption for civil judgments.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Where it stands

Out of committee and scheduled for a vote by the full chamber.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Judiciary · New York State Assembly

Also referred to Judiciary · New York State Senate.

Your position on this bill

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The sponsor's argument

Why Kevin S. Parker says this is needed

The idea of the homestead exemption to civil judgments seems to have been that no civil judgment against any person should result in that person forfeiting his or her having a right to a place to live. To that, end, Chapter 181 of the Laws of 1977 made the value of a person's home- stead up to $10,000 exempt from civil judgments against that person. Later on, Section 282 of the Debtor and Creditor Law extended this exemption to assessments of the value of a person's estate when bank- ruptcy is declared. When laws mention specific dollar amounts, it is prudent to periodically review and update those amounts. Current law sets the homestead exemptions at $150,000. That amount was set by Chap- ter 568 of the laws of 2010. This bill proposes to increase the homestead exemption to $250,000, a more realistic figure. The current amount is not realistic in today's economy.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Recorded votes

  • Vote: Committee vote · Judiciary

    Senate JudiciaryFeb 4, 2026Result: passed

    (16) (1) (0) (0)
  • Vote: Committee vote · Judiciary

    Senate JudiciaryMar 25, 2025Result: passed

    (17) (1) (0) (1)

Full history

  1. Jun 5, 2026

    In committee

    COMMITTED TO RULES

    NY Senate

  2. Feb 9, 2026

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  3. Feb 5, 2026

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  4. Feb 4, 2026

    1ST Report CAL.245

    1ST REPORT CAL.245

    NY Senate

  5. Jan 7, 2026

    Referred to committee

    REFERRED TO JUDICIARY

    NY Senate

Show full history (5 earlier events)
  1. Jun 13, 2025

    In committee

    COMMITTED TO RULES

    NY Senate

  2. Mar 27, 2025

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  3. Mar 26, 2025

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  4. Mar 25, 2025

    1ST Report CAL.596

    1ST REPORT CAL.596

    NY Senate

  5. Mar 4, 2025

    Referred to committee

    REFERRED TO JUDICIARY

    NY Senate

Read the record