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Committee approves bill to consider retirement accounts for child support and arrearage collection
Summary
Senate Bill 237 was passed favorably by the Committee on Judiciary. The bill requires courts to consider the value of certain individual retirement accounts when determining child support and authorizes use of those accounts for arrearages in specified circumstances.
The Committee on Judiciary voted to pass Senate Bill 237 favorably for passage. Jason Thompson of the Revisor’s Office summarized the bill as requiring courts to consider the value of individual retirement plan accounts when determining child support in circumstances where a parent loses income — for example, due to underemployment or the loss of a professional license for misconduct. The bill also mandates that, under certain circumstances, retirement accounts be used to satisfy child support arrearages and eliminates the exemption of retirement accounts from claims to fulfill child support obligations.
Rep. Williams moved the measure out of committee; Rep. Goddard seconded. The committee approved SB237 on a voice vote; the committee record reflects the motion passed favorably for passage.
Why it matters: the bill changes how courts treat retirement and similar accounts when calculating support obligations and filling arrearages, which could affect noncustodial parents who experience income loss as well as custodial parents seeking past‑due support.
Action taken: Committee passed SB237 favorably for passage. No roll‑call tally was recorded in the committee transcript.
