New York 2025 Session Status: Introduced

S5968 — Increases the value of homesteads which are to be exempt from civil judgments

Last action — In Senate Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced March 04, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

Increases the homestead exemption value from $150,000 to $250,000.

This bill raises the amount of a homestead that is protected from civil judgments. The exemption value increases from $150,000 to $250,000.

What this means for you
  • Workers: Workers can have increased protection against losing home equity in the event of civil legal issues.
  • Families: This means families can retain more of their home's value if they face civil judgments.

Summary

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

Bill Text

Action History

  1. COMMITTED TO RULES

  2. ADVANCED TO THIRD READING

  3. 2ND REPORT CAL.

  4. 1ST REPORT CAL.245

  5. REFERRED TO JUDICIARY

  6. COMMITTED TO RULES

  7. ADVANCED TO THIRD READING

  8. 2ND REPORT CAL.

  9. 1ST REPORT CAL.596

  10. REFERRED TO JUDICIARY

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing civil-rights
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S5968 do?
Increases the value of homesteads which are exempt from civil judgments from one hundred fifty thousand to two hundred fifty thousand dollars.
Who sponsors S5968?
S5968 is sponsored by Kevin S. Parker.
What is the current status of S5968?
This bill has been introduced in the Senate. Introduced March 04, 2025. It must pass committee before a floor vote.
Where can I track S5968?
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Last checked for changes 3 months ago · updated continuously

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