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)
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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2/28/2024 Senate • Withdrawn from Rules -SJ 502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
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HB 521, Enrolled (Current Bill Version) Posted 2/28/2024 at 4:43 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 534 Equitable Distribution of Marital Assets and Liabilities Grall Identical Last Action: 2/28/2024 S Laid on Table, refer to HB 521 -SJ 502 
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 61.075 Equitable distribution of marital assets and liabilities. Page 1 (pdf) -
HB 521, Original Filed Version Posted 11/17/2023 at 1:17 PM
Bill Text: PDF Analyses: Civil Justice Subcommittee (Post-Meeting) 3/13/2024 (pdf)
Judiciary Committee (Post-Meeting) 1/30/2024 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 534 Equitable Distribution of Marital Assets and Liabilities Grall Identical Last Action: 2/28/2024 S Laid on Table, refer to HB 521 -SJ 502
Floor Votes (2)
Date Chamber Result 2/22/2024 3:45 PM House 117 Yeas - 0 Nays 2/28/2024 3:42 PM Senate 38 Yeas - 0 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 61.075 Equitable distribution of marital assets and liabilities. Page 1 (pdf)