H.B. No. 203




AN ACT

relating to consideration of taxes in the division of property in 
the dissolution of a marriage.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Chapter 7, Family Code, is amended by adding 
Section 7.008 to read as follows:
	Sec. 7.008.  CONSIDERATION OF TAXES.  In ordering the 
division of the estate of the parties to a suit for dissolution of a 
marriage, the court may consider:
		(1)  whether a specific asset will be subject to 
taxation; and       
		(2)  if the asset will be subject to taxation, when the 
tax will be required to be paid.
	SECTION 2.  The change in law made by this Act applies to a 
suit for dissolution of a marriage pending before a trial court on 
or filed on or after the effective date of this Act.
	SECTION 3.  This Act takes effect September 1, 2005.                           




______________________________              ______________________________
 
   President of the Senate                               Speaker of the House      

	I certify that H.B. No. 203 was passed by the House on April 
14, 2005, by a non-record vote.

                                                  ______________________________
                                                     Chief Clerk of the House   

	I certify that H.B. No. 203 was passed by the Senate on May 
12, 2005, by the following vote:  Yeas 31, Nays 0.

                                                  ______________________________
                                                     Secretary of the Senate    



APPROVED:  _____________________                                            
 
                   Date                                                      




 
          _____________________                                          
 
                 Governor