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Glossary of Legislative Terms

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
Bill Text: Web Page | PDF
Senate Committee References:
  1. Judiciary (JU)
  2. Banking and Insurance (BI)
  3. Budget (BC)

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  • 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

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  • CS/SB 752, Committee Substitute 1 (Current Bill Version) Posted 1/13/2012 at 3:30 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/25/2012 (pdf)
    Banking and Insurance (Post-Meeting) 1/26/2012 (pdf)
    Budget (Pre-Meeting) 2/20/2012 (pdf)
    Budget (Post-Meeting) 2/21/2012 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 565 (e2) Family Law Porter Compare Last Action: 3/9/2012 S Died on Calendar
    Location: On 2nd Reading Calendar     		Track This Bill

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    512736 - Amendment
    Between lines 111 and 112 insert:     		Diaz de la Portilla 3/7/2012
    4:00 PM     		Senate: Withdrawn
    3/8/2012     		Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    1/26/2012 1:30 PM Banking and Insurance 10 Yeas - 0 Nays
    2/21/2012 3:45 PM Budget 20 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    61.075 Equitable distribution of marital assets and liabilities.
    61.0765

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  • SB 752, Original Filed Version Posted 10/28/2011 at 1:22 PM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Pre-Meeting) 1/11/2012 (pdf)
    Judiciary (Post-Meeting) 1/13/2012 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 565 Family Law Porter Identical Last Action: 3/9/2012 S Died on Calendar
    Location: On 2nd Reading Calendar     		Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    461180 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Judiciary
    (Flores)     		1/11/2012
    9:42 AM     		Replaced by Committee Substitute
    1/13/2012     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/12/2012 10:15 AM Judiciary 7 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    61.075 Equitable distribution of marital assets and liabilities.

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