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CS/SB 752: Equitable Distribution of Marital Assets and Liabilities

GENERAL BILL by Judiciary ; Flores

Equitable Distribution of Marital Assets and Liabilities; Redefining the term “marital assets and liabilities” to include the value of the marital portion of the passive appreciation of nonmarital real property; authorizing a court to require security and the payment of a reasonable rate of interest if installment payments are required for the distribution of marital assets and liabilities; requiring the court to provide written findings regarding any installment payments; providing formulas for the calculation of the value of the marital portion of nonmarital real property subject to equitable distribution; requiring the court in the dissolution action to use the formulas unless sufficient evidence is presented showing that the application of the formulas is not equitable, etc.

Effective Date: 7/1/2012
Last Action: 3/9/2012 Senate - Laid on Table -SJ 1193
Location: Laid on Table
Bill Text: Web Page | PDF
Senate Committee References:
  1. Judiciary (JU)
  2. Banking and Insurance (BI)
  3. Budget (BC)



Bill History

Date Chamber Action
10/28/2011 Senate • Filed
11/16/2011 Senate • Referred to Judiciary; Banking and Insurance; Budget -SJ 63
12/22/2011 Senate • On Committee agenda-- Judiciary, 01/12/12, 10:15 am, 110 Senate Office Building
1/10/2012 Senate • Introduced -SJ 63
1/12/2012 Senate • CS by Judiciary; YEAS 7 NAYS 0 -SJ 214
1/13/2012 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
1/17/2012 Senate • CS by Judiciary read 1st time -SJ 251
1/18/2012 Senate • Now in Banking and Insurance -SJ 214
1/23/2012 Senate • On Committee agenda-- Banking and Insurance, 01/26/12, 1:30 pm, 412 Knott Building
1/26/2012 Senate • Favorable by Banking and Insurance; YEAS 10 NAYS 0 -SJ 279
• Now in Budget -SJ 279
2/16/2012 Senate • On Committee agenda-- Budget, 02/21/12, 3:45 pm, 412 Knott Building
2/21/2012 Senate • Favorable by- Budget; YEAS 20 NAYS 0 -SJ 671
2/22/2012 Senate • Placed on Calendar, on 2nd reading -SJ 671
• Placed on Special Order Calendar, 02/27/12
2/27/2012 Senate • Placed on Special Order Calendar, 02/28/12
2/28/2012 Senate • Read 2nd time -SJ 695
• Placed on 3rd reading
3/9/2012 Senate • Read 3rd time -SJ 1192
• Substituted CS/CS/HB 565 (Died on Calendar in Senate) -SJ 1193
• Laid on Table -SJ 1193