Alaska Administrative Code
Title 8 - Labor and Workforce Development
Part 9 - Administrative Services Division
Chapter 95 - Adjustments to Alaska Exemptions Act
8 AAC 95.030 - Adjusted exemption amounts

Universal Citation: 8 AK Admin Code 8 AAC 95.030

Current through August 30, 2024

(a) Notwithstanding the exemption amount provided for a homestead under AS 09.38.010(a) and (b), the amount of the exemption for a homestead is $72,900.

(b) Notwithstanding the exemption amounts provided for personal property under AS 09.38.020, the

(1) aggregate exemption for personal property set out in AS 09.38.020(a) is $4,050;

(2) exemption for jewelry set out in AS 09.38.020(b) is $1,350;

(3) exemption for implements, professional books, and tools of the trade set out in AS 09.38.020(c) is $3,780;

(4) exemption for pets set out in AS 09.38.020(d) is $1,350;

(5) exemption for a motor vehicle set out in AS 09.38.020(e) is $4,050; and

(6) full value limitation for the motor vehicle set out in AS 09.38.020(e) is $27,000.

(c) Notwithstanding the exemption amount provided for accrued dividends and loan values on life insurance and annuity contracts under AS 09.38.025(a), the amount of the exemption under AS 09.38.025(a) is $500,500.

(d) Notwithstanding the exemption amounts provided for weekly net earnings and cash and other liquid assets under AS 09.38.030, the

(1) exemption for weekly net earnings set out in AS 09.38.030(a) is $473; and

(2) maximum monthly exemption for cash and other liquid assets set out in AS 09.38.030(b) is $1,890.

(e) Notwithstanding the increased exemption amounts provided for weekly disposable earnings and cash and other liquid assets under AS 09.38.050(b), the

(1) exemption for weekly disposable earnings set out in AS 09.38.050(b) is $743; and

(2) maximum monthly exemption for cash and other liquid assets set out in AS 09.38.050(b) is $2,970.

Authority:AS 09.38.115

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.