HB 521: Equitable Distribution of Marital Assets and Liabilities
GENERAL BILL by Koster ; (CO-INTRODUCERS) López, J. ; Rizo ; Trabulsy
Equitable Distribution of Marital Assets and Liabilities; Requires court to consider certain factors when determining if extraordinary circumstances exist; provides certain actions do not change whether real property is marital property; provides that business interests in closely held business is marital asset; requires court to consider certain factors when determining value of such interest; provides that certain real property is nonmarital asset.
Senate Committee References:
- Rules (RC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/17/2023 | House |
• Filed |
| 11/30/2023 | House |
• Referred to Civil Justice Subcommittee • Referred to Judiciary Committee • Now in Civil Justice Subcommittee |
| 1/9/2024 | House |
• Added to Civil Justice Subcommittee agenda • 1st Reading (Original Filed Version) |
| 1/11/2024 | House |
• Favorable by Civil Justice Subcommittee |
| 1/12/2024 | House |
• Reported out of Civil Justice Subcommittee • Now in Judiciary Committee |
| 1/26/2024 | House |
• Added to Judiciary Committee agenda |
| 1/30/2024 | House |
• Favorable by Judiciary Committee • Reported out of Judiciary Committee • Bill released to House Calendar • Added to Second Reading Calendar |
| 2/15/2024 | House |
• Bill added to Special Order Calendar (2/21/2024) |
| 2/21/2024 | House |
• Read 2nd time • Placed on 3rd reading • Added to Third Reading Calendar |
| 2/22/2024 | House |
• Read 3rd time • Passed; YEAS 117, NAYS 0 |
| 2/22/2024 | Senate |
• In Messages |
| 2/23/2024 | Senate |
• Referred to Rules |
| 2/27/2024 | Senate |
• Received |
| 2/28/2024 | Senate |
• Withdrawn from Rules -SJ 502 • Placed on Calendar, on 2nd reading • Substituted for SB 534 -SJ 502 • Read 2nd time -SJ 502 • Read 3rd time -SJ 502 • Passed; YEAS 38 NAYS 0 -SJ 502 |
| 2/28/2024 | House |
• In Messages • Ordered enrolled |
