,,ii  #aad? ,,congress  #b;d ,session   
,s4 #cadc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #g1 #bjaf,mr4    
,m]kley introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to am5d ! ,consum] ,cr$it      
,protection ,act to /r5g!n debt         
collection exemptions to protect debtors
 & _! families f pov]ty or bankruptcy1 &
 = o!r purposes4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,wage & ,g>ni%m5t  
,equity ,act ( #bjaf or ! ,,wage ,act4  
#b4 ,assignm5t ( e>n+s def9$ ,section   
#cjb ( ! ,consum] ,cr$it ,protection    
,act 7#ae ,u4,s4,c4 #afgb7 is am5d$ by  
add+ at ! end ! foll[+3  7d7 ,assignm5t 
,! t]m assignm5t-- 7#a7 means a         
contractual agreem5t t con/itutes or    
conta9s an assignm5t 7z describ$ 9      
section #ddd4b7;a77#c7 ( title #af1     
,code ( ,f$]al ,regulations71 includ+ an
 assignm5t t is revocable at ! w ( !    
individual2 &  7#b7 does n include an   
assignm5t describ$ 9 p>agraph 7ii7 or   

7iii7 ( section #ddd4b7;a77#c7 ( title  
#af1 ,code ( ,f$]al ,regulations4  4    
#c4 ,adju/m5t to re/rictions on g>ni%m5t
 ,section #cjc7;a7 ( ! ,consum] ,cr$it  
,protection ,act 7#ae ,u4,s4,c4 #afgc7  
is am5d$-- 7#a7 by /rik+ p>agraph 7#a72 
7#b7 9 ! matt] prec$+ p>agraph 7#b71 by 
/rik+ g>ni%m5t may n exce$ & ins]t+     
g>ni%m5t or assignm5t may n exce$ !     
less] (-- 7#a7 = an individual e>n+--   
7,a7 less ?an or equal to #a1bjj 7z     
adju/$ = inflation e #c ye>s1 by notice1
 to reflect ! *ange 9 ! ,consum] ,price 
,index = ,all ,urban ,consum]s publi%$  
by ! ,bureau ( ,labor ,/ati/ics7 a      
workweek1 #aj p]c5t ( ! individual's    
disposable e>n+s = t workweek2 or  7,b7 
m ?an #a1bjj 7z adju/$ = inflation e #c 
ye>s1 by notice1 to reflect ! *ange 9 ! 
,consum] ,price ,index = ,all ,urban    
,consum]s publi%$ by ! ,bureau ( ,labor 
,/ati/ics7 a workweek1 #ae p]c5t ( !    
individual's disposable e>n+s = t       
workweek2 or  2  7#c7 9 p>agraph 7#b7-- 
7,a7 by /rik+ ?irty & ins]t+ #hj2 &     

7,b7 by /rik+ ! comma at ! end & ins]t+ 
a p]iod2 &  7#d7 9 ! matt] foll[+       
p>agraph 7#b71 by /rik+ :i*ev] is less44
  #d4 ,re/riction on adv]se employm5t   
action because ( g>ni%m5t  7a7 ,9 g5]al 
,section #cjd ( ! ,consum] ,cr$it       
,protection ,act 7#ae ,u4,s4,c4 #afgd7  
is am5d$-- 7#a7 by am5d+ ! section head+
 to read z foll[s3 ,re/riction on adv]se
 employm5t action2 &  7#b7 by /rik+     
subsection 7a7 & ins]t+ ! foll[+3  7a7  
,9 g5]al ,no employ] may take any adv]se
 employm5t action aga9/ an employee     
because ! employee's e>n+s h be5        
subject$ to g>ni%m5t or assignm5t4  4   
7b7 ,table ( cont5ts am5dm5t ,! table ( 
cont5ts 9 title ,,iii ( ! ,consum]      
,cr$it ,protection ,act 7#ae ,u4,s4,c4  
#afga et seq47 is am5d$ by /rik+ ! item 
relat+ to section #cjd & ins]t+ !       
foll[+3  #cjd4 ,re/riction on adv]se    
employm5t action4  4  #e4 ,/ate law )   
respect to assignm5ts  7a7 ,exemption = 
,/ate-,regulat$ assignm5ts  7#a7 ,9     
g5]al ,section #cje ( ! ,consum] ,cr$it 

,protection ,act 7#ae ,u4,s4,c4 #afge7  
is am5d$-- 7,a7 9 ! section head+1 by   
ins]t+ or assignm5ts aft] g>ni%m5ts2    
7,b7 by ins]t+ or assignm5ts aft]       
g>ni%m5ts2 &  7,c7 by ins]t+ or         
assignm5t aft] g>ni%m5t4  7#b7 ,table ( 
cont5ts am5dm5t ,! table ( cont5ts 9    
title ,,iii ( ! ,consum] ,cr$it         
,protection ,act 7#ae ,u4,s4,c4 #afga et
 seq47 is am5d$ by am5d+ ! item relat+  
to section #cje to read z foll[s3  #cje4
 ,exemption = ,/ate-regulat$ g>ni%m5ts  
or assignm5ts4  4  7b7 ,effect on ,/ate 
laws ,section #cjg ( su* ,act 7#ae      
,u4,s4,c4 #afgf7 is am5d$-- 7#a7 by     
/rik+ ,/ate & ins]t+ ,/ate--2  7#b7 9   
p>agraph 7#a71 by /rik+ g>ni%m5ts ea*   
place su* t]m appe>s & ins]t+ g>ni%m5ts 
or assignm5ts2 &  7#c7 9 p>agraph 7#b71 
by /rik+ g>ni%m5t & ins]t+ g>ni%m5t or  
assignm5t4  #f4 ,employ] liability =    
failure to g>ni%  7a7 ,9 g5]al ,title   
,,iii ( ! ,consum] ,cr$it ,protection   
,act 7#ae ,u4,s4,c4 #afga et seq47 is   
am5d$ by add+ at ! end ! foll[+3  #cjh4 

,delay ( g>ni%m5t2 employ] liability    
7a7 ,delay ( g>ni%m5t ,a g>ni%m5t ord]  
direct$ at an employ] ) few] ?an #ej    
employees may n require su* employ] to  
g>ni% ! e>n+s ( ! individual :o is !    
subject ( ! ord] e>li] ?an ! lat] ( !   
foll[+3  7#a7 #ae bus9ess days aft] su* 
employ] receives ! ord]4  7#b7 #e       
bus9ess days aft] ! date on :i* !       
individual is regul>ly s*$ul$ to receive
 e>n+s4  7#c7 ,z w\ld o!rwise be requir$
 by ,/ate law or regulation4  7b7       
,employ] liability ,no employ] ) few]   
?an #ej employees %all be liable = fail+
 to respond to a g>ni%m5t ord] unless   
su* employ]--  7#a7 has be5 giv5 writt5 
notice t specifies ! nature ( !         
employ]'s failure to comply ) !         
requirem5ts ( ?is title2 &  7#b7 does n 
correct ! failure describ$ 9 p>agraph   
7#a7 )9 #ae days ( receipt ( su* notice4
  4  7b7 ,table ( cont5ts am5dm5t ,!    
table ( cont5ts 9 title ,,iii ( !       
,consum] ,cr$it ,protection ,act 7#ae   
,u4,s4,c4 #afga et seq47 is am5d$ by    

add+ at ! end ! foll[+3  #cjh4 ,delay ( 
g>ni%m5t2 employ] liability4  4  #g4    
,exemption = am\nts 9 deposit acc\nts   
7a7 ,9 g5]al ,( ! aggregate am\nt (     
funds ( an individual 9 deposit acc\nts1
 #aj1jjj 7z adju/$ = inflation e #c     
ye>s1 by notice1 to reflect ! *ange 9 ! 
,consum] ,price ,index = ,all ,urban    
,consum]s publi%$ by ! ,bureau ( ,labor 
,/ati/ics7 %all be exempt & immune f    
atta*m5t or seizure ) respect to any    
judgm5t relat$ to a debt4  7b7          
,inclusion ( acc\nts ,9 ?is subsection1 
! t]m deposit acc\nts %all include any  
acc\nt1 z su* t]m is def9$ 9 section    
#ijc ( ! ,electronic ,fund ,transf] ,act
 7#ae ,u4,s4,c4 #afic;a74