Connecticut SB 300: AN ACT ESTABLISHING A DEBT COLLECTION EXEMPTION RELATING TO JOINT ACCOUNTS.

Bill Text

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General Assembly  
Substitute Bill No. 300  
February Session, 2026 
 
 
 
 
 
AN ACT ESTABLISHING A DEBT COLLECTION EXEMPTION 
RELATING TO JOINT ACCOUNTS.  
Be  it  enacted  by  the  Senate  and  House  of Representatives  in  General 
Assembly convened: 
 
Section 1. Section 52-352b of the general statutes is repealed and the 1 
following is substituted in lieu thereof (Effective October 1, 2026): 2 
The following property of any natural person shall be exempt: 3 
(1) Necessary apparel, bedding, foodstuffs, household furniture and 4 
appliances; 5 
(2) Tools, books, instruments, farm animals and livestock feed, which 6 
are necessary to the exemptioner in the course of his or her occupation, 7 
profession or farming operation; 8 
(3) Burial plot for the exemptioner and his or her immediate family; 9 
(4) Public  assistance  payments  and  any  wages  earned  by  a  public 10 
assistance recipient under an incentive earnings or similar program; 11 
(5) Health and disability insurance payments; 12 
(6) Health  aids  necessary  to  enable  the  exemptioner  to  work  or  to 13 
sustain health; 14 

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(7) Workers'     compensation,     Social     Security,     veterans     and 15 
unemployment benefits; 16 
(8) Court-approved payments for child support; 17 
(9) Arms  and  military  equipment,  uniforms  or  musical  instruments 18 
owned  by  any  member  of  the  militia  or  armed  forces  of  the  United 19 
States; 20 
(10) Up to two motor vehicles to the value of seven thousand dollars 21 
in the aggregate, provided value shall be determined as the fair market 22 
value  of  the  motor  vehicles  less  the  amount  of  all  liens  and  security 23 
interests which encumber them; 24 
(11) Wedding and engagement rings; 25 
(12) Residential utility deposits for one residence, and one residential 26 
security deposit; 27 
(13) Any  assets  or  interests  of  an  exemptioner  in,  or  payments 28 
received by the exemptioner from, a plan or arrangement described in 29 
section 52-321a; 30 
(14) Alimony and support, other than child support, but only to the 31 
extent that wages are exempt from execution under section 52-361a; 32 
(15) An award under a crime reparations act; 33 
(16) All  benefits  allowed  by  any  association  of  persons  in  this  state 34 
towards the support of any of its members incapacitated by sickness or 35 
infirmity from attending to his usual business; 36 
(17) All  moneys  due  the  exemptioner  from any  insurance  company 37 
on any insurance policy issued on exempt property, to the same extent 38 
that the property was exempt; 39 
(18) Any interest of the exemptioner in any property not to exceed in 40 
value one thousand dollars; 41 

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(19) Any  interest  of  the  exemptioner  not  to  exceed  in  value  four 42 
thousand  dollars  in  any  accrued  dividend  or  interest  under,  or  loan 43 
value   of,   any   unmatured   life   insurance   contract   owned   by   the 44 
exemptioner   under   which   the   insured   is   the   exemptioner   or   an 45 
individual of whom the exemptioner is a dependent; 46 
(20) The cash surrender value of any life insurance policy issued upon 47 
the  life  of  a  citizen  or  resident  of  this  state,  unless  the  life  insurance 48 
policy was assigned to or was effected for the benefit of the creditor or 49 
unless the purchase, sale, or transfer of the life insurance policy is made 50 
with the intent to defraud the creditor; 51 
(21) The homestead of the exemptioner to the value of two hundred 52 
fifty  thousand  dollars,  provided  value  shall  be  determined  as  the  fair 53 
market  value  of  the  real  property  less  the  amount  of  any  statutory  or 54 
consensual lien which encumbers it, except that, in the case of a money 55 
judgment  arising  out  of  a  claim  of  sexual  abuse  or  exploitation  of  a 56 
minor,  sexual  assault  or  other  wilful,  wanton,  or  reckless  misconduct 57 
committed  by  a  natural  person,  to  the  value  of  seventy-five  thousand 58 
dollars; [and] 59 
(22) Irrevocable  transfers  of  money  to  an  account  held  by  a  debt 60 
adjuster licensed pursuant to sections 36a-655 to 36a-665, inclusive, for 61 
the benefit of creditors of the exemptioner; and 62 
(23)  Any  part  of  the  balance  of  an  account  deemed  a  joint  account 63 
under  section  36a-290  in  which  the  exemptioner  has  no  equitable 64 
ownership interest and that was deposited in the account or acquired by 65 
a joint account holder other than the exemptioner for such joint account 66 
holder's sole benefit. 67 
This act shall take effect as follows and shall amend the following 
sections: 
 
Section 1 
October 1, 2026 
52-352b 
 
BA Joint Favorable Subst.  

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JUD Joint Favorable