By Longoria H.B. No. 247
75R1035 GCH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to retirement benefits earned by a spouse after
1-3 dissolution of a marriage.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Subchapter A, Chapter 5, Family Code, is amended
1-6 by adding Section 5.05 to read as follows:
1-7 Sec. 5.05. RETIREMENT BENEFITS EARNED BY SPOUSE AFTER
1-8 DISSOLUTION OF MARRIAGE. Retirement benefits earned by a spouse
1-9 after dissolution of marriage are the separate property of that
1-10 spouse and are not subject to division by a court rendering an
1-11 order in the suit to dissolve the marriage.
1-12 SECTION 2. This Act is intended to clarify the law in effect
1-13 before the effective date of this Act and applies to retirement
1-14 benefits earned by a spouse after dissolution of a marriage without
1-15 regard to whether the dissolution occurs before, on, or after the
1-16 effective date of this Act.
1-17 SECTION 3. The importance of this legislation and the
1-18 crowded condition of the calendars in both houses create an
1-19 emergency and an imperative public necessity that the
1-20 constitutional rule requiring bills to be read on three several
1-21 days in each house be suspended, and this rule is hereby suspended,
1-22 and that this Act take effect and be in force from and after its
1-23 passage, and it is so enacted.