2014 -- S 2603

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LC004855

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2014

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A N   A C T

RELATING TO DOMESTIC RELATIONS - DIVORCE AND SEPARATION

     

     Introduced By: Senators Nesselbush, Ottiano, Lombardi, P Fogarty, and Miller

     Date Introduced: March 04, 2014

     Referred To: Senate Judiciary

     It is enacted by the General Assembly as follows:

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     SECTION 1. Section 15-5-16.5 of the General Laws in Chapter 15-5 entitled "Divorce

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and Separation" is hereby amended to read as follows:

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     15-5-16.5. Interest on arrearages. -- Interest at the rate of six percent (6%) twelve

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percent (12%) per annum on any support debt due or owing, child or spousal support, shall be

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assessed at the discretion of unless the responsible party shall, for good cause shown, be relieved

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of the obligation to pay interest by the family court.

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     SECTION 2. This act shall take effect upon passage.

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LC004855

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO DOMESTIC RELATIONS - DIVORCE AND SEPARATION

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     This act would change the interest rate to six percent (6%) per annum on any child or

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spousal support debt due or owing, to be assessed at the discretion of the family court.

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     This act would take effect upon passage.

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LC004855

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