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 | |
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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: | |
1 | SECTION 1. Section 15-5-16.5 of the General Laws in Chapter 15-5 entitled "Divorce |
2 | and Separation" is hereby amended to read as follows: |
3 | 15-5-16.5. Interest on arrearages. -- Interest at the rate of six percent (6%) twelve |
4 | percent (12%) per annum on any support debt due or owing, child or spousal support, shall be |
5 | assessed at the discretion of unless the responsible party shall, for good cause shown, be relieved |
6 | of the obligation to pay interest by the family court. |
7 | 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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1 | This act would change the interest rate to six percent (6%) per annum on any child or |
2 | spousal support debt due or owing, to be assessed at the discretion of the family court. |
3 | This act would take effect upon passage. |
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