Downloads
CS/HB 27 — Judgment Liens
by Regulatory Reform and Economic Development Subcommittee and Rep. Benjamin and others (CS/CS/SB 1574 by Rules Committee; Judiciary Committee; and Senator Rouson)
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Judiciary Committee (JU)
The bill improves the available remedies that may be used by a judgment creditor to collect a civil judgment from a judgment debtor. The bill:
- Simplifies the process of recording a judgment lien against a motor vehicle or vessel in the records of the Department of Highway Safety and Motor Vehicles. The new process protects the interests of subsequent purchasers of the motor vehicle or vessel.
- Expands the scope of a judgment lien recorded with the Secretary of State to additionally encumber the intangible assets of payment intangibles and accounts and the proceeds thereof.
- Specifies in statute that a judgment creditor may not use self-help measures to take personal property of the judgment debtor except with documented consent of the judgment debtor that is agreed to after attachment of the judgment lien.
If approved by the Governor, or allowed to become law without the Governor’s signature, these provisions take effect July 1, 2023.
Vote: Senate 38-0; House 114-0