79R131 JMM-F


By:  Goodman                                                      H.B. No. 203



A BILL TO BE ENTITLED

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.