Sponsored By: Delegates Wayne Norman and Mary-Dulany James as well as Wendell R. Beitzel, Don H. Dwyer, Jr., Adelaide C. Eckardt, William J. Frank, Kevin Kelly, Tony McConkey, Kelly Schulz, and Michael H. Weir, Jr.
Entitled: Courts – Bankruptcy – Arms
Synopsis: Authorizing a person to claim an exemption in specified bankruptcy proceedings for arms in an amount not to exceed $2,000 in value; and applying the Act prospectively.
From the Sponsor: Norman said that, in a bankruptcy, people get to keep about $12,000 worth of “stuff”, which is called exempt property.
“Government determined this $12,000 (more or less) is the bare minimum people in Maryland are entitled to just to survive. My bill says they get to keep the same $12,000 more or less of “stuff,” but they also get to keep an additional $2,000 worth of “arms” in a Constitutional context, as guaranteed by the Second Amendment,” Norman said.
“It won’t happen much, but Marylanders will not be forced into having to choose between exempting the family shotgun or keeping a toaster oven instead,” he added.