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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.

Effective Date: 7/1/2024
Last Action: 6/17/2024 - Chapter No. 2024-237
Bill Text: PDF
Senate Committee References:
  1. 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    2/28/2024 Senate • Withdrawn from Rules -SJ 502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
    5/30/2024 • Signed by Officers and presented to Governor
    6/13/2024 • Approved by Governor
    6/17/2024 • Chapter No. 2024-237

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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, companion bill(s) passed, see HB 521 (Ch. 2024-237) -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)

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  • HB 521, Original Filed Version Posted 11/17/2023 at 1:17 PM

    Bill Text:   PDF
    Analyses:   Civil Justice Subcommittee (Post-Meeting) 6/25/2024 (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, companion bill(s) passed, see HB 521 (Ch. 2024-237) -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)

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