HB 521 -  Equitable Distribution of Marital Assets and Liabilities

General Bill by Koster (CO-SPONSORS) López, J.; Rizo; Trabulsy
Equitable Distribution of Marital Assets and Liabilities: Requires court to consider certain factors when determining if extraordinary circumstances exist; provides certain actions do not change whether real property is marital property; provides that business interests in closely held business is marital asset; requires court to consider certain factors when determining value of such interest; provides that certain real property is nonmarital asset.
Effective Date: July 1, 2024
Last Event: Ordered enrolled on Wednesday, February 28, 2024 4:38 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 534 Subject: Equitable Distribution of Marital Assets and Liabilities Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 3/13/2024 2:53:44 PM
Chamber: House Committee: Judiciary Committee 1/30/2024 7:14:56 PM
Chamber: House Committee: Judiciary Committee 1/26/2024 3:53:47 PM
Chamber: House Committee: Civil Justice Subcommittee 1/12/2024 8:34:56 AM
Chamber: House Committee: Civil Justice Subcommittee 1/10/2024 11:45:40 AM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 02/22/2024 03:45 PM   Yeas: 117 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 656] Barcode:
Chamber: Senate Date: 02/28/2024 03:42 PM   Yeas: 38 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 26] Barcode:

Bill History

Event Time Member Committee Ver.
Event: H Ordered enrolled Time: 02/28/2024 - 4:38 PM Member: Committee: Version: __
Event: H In Messages Time: 02/28/2024 - 4:38 PM Member: Committee: Version: __
Event: S Passed; YEAS 38 NAYS 0 -SJ 502 Time: 02/28/2024 - 3:42 PM Member: Committee: Version: __
Event: S Read 3rd time -SJ 502 Time: 02/28/2024 - 3:42 PM Member: Committee: Version: __
Event: S Read 2nd time -SJ 502 Time: 02/28/2024 - 3:41 PM Member: Committee: Version: __
Event: S Substituted for SB 534 -SJ 502 Time: 02/28/2024 - 3:41 PM Member: Committee: Version: __
Event: S Placed on Calendar, on 2nd reading Time: 02/28/2024 - 3:41 PM Member: Committee: Version: __
Event: S Withdrawn from Rules -SJ 502 Time: 02/28/2024 - 3:41 PM Member: Committee: Version: __
Event: S Received Time: 02/27/2024 - 4:18 PM Member: Committee: Version: __
Event: S Referred to Rules Time: 02/23/2024 - 11:09 AM Member: Committee: Rules Version: __
Event: S In Messages Time: 02/22/2024 - 6:44 PM Member: Committee: Version: __
Event: H Message sent to senate Time: 02/22/2024 - 6:38 PM Member: Committee: Version: __
Event: H Passed; YEAS 117, NAYS 0 Time: 02/22/2024 - 3:45 PM Member: Committee: Version: __
Event: H Read 3rd time Time: 02/22/2024 - 3:45 PM Member: Committee: Version: __
Event: H Added to Third Reading Calendar Time: 02/21/2024 - 6:49 PM Member: Committee: Version: __
Event: H Placed on 3rd reading Time: 02/21/2024 - 4:35 PM Member: Committee: Version: __
Event: H Read 2nd time Time: 02/21/2024 - 4:34 PM Member: Committee: Version: __
Event: H Bill added to Special Order Calendar (2/21/2024) Time: 02/15/2024 - 8:18 PM Member: Committee: Version: __
Event: H Added to Second Reading Calendar Time: 01/30/2024 - 8:00 PM Member: Committee: Version: __
Event: H Bill released to House Calendar Time: 01/30/2024 - 8:00 PM Member: Committee: Version: __
Event: H Reported out of Judiciary Committee Time: 01/30/2024 - 8:00 PM Member: Committee: Judiciary Committee Version: __
Event: H Favorable by Judiciary Committee Time: 01/30/2024 - 7:21 PM Member: Committee: Judiciary Committee Version: __
Event: H Added to Judiciary Committee agenda Time: 01/26/2024 - 3:37 PM Member: Committee: Judiciary Committee Version: __
Event: H Now in Judiciary Committee Time: 01/12/2024 - 8:41 AM Member: Committee: Judiciary Committee Version: __
Event: H Reported out of Civil Justice Subcommittee Time: 01/12/2024 - 8:41 AM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Favorable by Civil Justice Subcommittee Time: 01/11/2024 - 5:44 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H 1st Reading Time: 01/09/2024 - 11:31 PM Member: Committee: Version: __
Event: H Added to Civil Justice Subcommittee agenda Time: 01/09/2024 - 4:10 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Now in Civil Justice Subcommittee Time: 11/30/2023 - 4:26 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Referred to Judiciary Committee Time: 11/30/2023 - 4:26 PM Member: Committee: Judiciary Committee Version: __
Event: H Referred to Civil Justice Subcommittee Time: 11/30/2023 - 4:26 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Filed Time: 11/17/2023 - 1:17 PM Member: Koster Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
61.075 SB 534