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Panel reviews bill letting courts consider retirement accounts to pay child support arrearages
Summary
Senate Bill 237 would require courts to consider individual retirement plan accounts when a parent has lost a professional license, voluntarily underemployed, or experienced similar income loss; the bill also removes certain retirement-account exemptions for child-support claims. Committee heard proponents and amendments addressing KPERS and DCF.
The House Committee on Judiciary heard Senate Bill 237 on Monday, a bill that would require courts in certain circumstances to consider individual retirement plan accounts when determining child-support obligations and to allow courts to order use of those funds to pay child-support arrearages after a distributable event.
Jason Thompson, the committee advisor, told members the bill has three primary components: it requires courts to consider the value of individual retirement plan accounts in child-support calculations under specified circumstances (including loss of income tied…
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