By Uher H.B. No. 803
76R532 KLA-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the accrual of interest on certain child support
1-3 payments and money judgments.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 157.265, Family Code, is amended to read
1-6 as follows:
1-7 Sec. 157.265. ACCRUAL OF INTEREST ON CHILD SUPPORT. (a)
1-8 Interest accrues on delinquent child support at the rate of six
1-9 [12] percent simple interest per year from the date the support is
1-10 delinquent until the date the support is paid or the arrearages
1-11 are confirmed and reduced to money judgment.
1-12 (b) Interest accrues on child support arrearages that have
1-13 been confirmed and reduced to money judgment as provided in this
1-14 subchapter at the rate of six [12] percent simple interest per year
1-15 from the date the order is rendered until the date the judgment is
1-16 paid.
1-17 (c) Interest accrues on a money judgment for retroactive or
1-18 lump-sum child support at the annual rate of six [12] percent
1-19 simple interest from the date the order is rendered until the
1-20 judgment is paid.
1-21 SECTION 2. (a) This Act takes effect January 1, 2000.
1-22 (b) The change in law made by this Act applies only to a
1-23 child support payment that is due on or after the effective date of
1-24 this Act or a money judgment for child support arrearages,
2-1 retroactive child support, or lump-sum child support that is
2-2 rendered on or after the effective date of this Act.
2-3 (c) A child support payment that is due or a money judgment
2-4 that is rendered before the effective date of this Act is governed
2-5 by the law in effect on the date the payment becomes due or the
2-6 judgment is rendered, and the former law is continued in effect for
2-7 that purpose.
2-8 (d) The enactment of this Act does not by itself constitute
2-9 a material and substantial change of circumstances sufficient to
2-10 warrant modification of an order that provides for the support of a
2-11 child rendered before the effective date of this Act.
2-12 SECTION 3. The importance of this legislation and the
2-13 crowded condition of the calendars in both houses create an
2-14 emergency and an imperative public necessity that the
2-15 constitutional rule requiring bills to be read on three several
2-16 days in each house be suspended, and this rule is hereby suspended.