Commercial Law - Attachment of Wages - Exemptions (Exempt Income Protection Act)

HB 393 (Exempt Income Protection Act) changes Maryland's wage attachment rules to protect more low-income debtors. It replaces the previous exemption (75% of disposable wages) with a new formula: 150% of the federal poverty level for the debtor's household size, multiplied by weeks earned. Employers must now notify debtors in writing about their exemption amount, calculation method, and how to contest the attachment. This directly affects people who owe money and have wages garnished, ensuring clearer protections and transparency in the process. The law takes effect July 1, 2025.