77R15841 KLA-F                          
         By Harris                                              S.B. No. 776
         Substitute the following for S.B. No. 776:
         By Goodman                                         C.S.S.B. No. 776
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the accrual of interest on child support.
 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-4           SECTION 1. Section 157.265, Family Code, is amended to read
 1-5     as follows:
 1-6           Sec.  157.265.  ACCRUAL OF INTEREST ON CHILD SUPPORT. (a)
 1-7     Interest accrues on the portion of delinquent child support that is
 1-8     greater than the amount of the monthly periodic support obligation
 1-9     at the rate of six [12] percent simple interest per year from the
1-10     date the support is delinquent until the date the support is paid
1-11     or the arrearages 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. The change in law made by Section 157.265, Family
1-22     Code, as amended by this Act, applies only to a child support
1-23     payment that becomes due on or after the effective date of this
1-24     Act.  A child support payment that became due before the effective
 2-1     date of this Act is governed by the law in effect on the date the
 2-2     child support payment became due, and the former law is continued
 2-3     in effect for that purpose.
 2-4           SECTION 3. This Act takes effect January 1, 2002.