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CO HB1058
Bill
Status
5/10/2013
Primary Sponsor
Elizabeth McCann
Click for details
AI Summary
HB 13-1058: Spousal Maintenance Guidelines
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Establishes statutory framework and advisory guidelines for determining spousal maintenance (alimony) awards in Colorado divorce proceedings to promote consistency across judicial districts.
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For marriages lasting at least 3 years with combined adjusted gross income up to $240,000, guideline maintenance equals 40% of higher-income spouse's monthly adjusted gross income minus 50% of lower-income spouse's income, capped at 40% of combined income.
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Guideline maintenance term ranges from 11 months (36-month marriage) to 120+ months (20+ year marriages), with marriages exceeding 20 years potentially receiving indefinite maintenance unless court makes specific findings for reduced terms.
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Courts must consider 12 statutory factors including parties' financial resources, lifestyle during marriage, marital property distribution, employment and employability, health, age, and contributions to the marriage.
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Allows maintenance in short-term marriages (under 3 years) when property distribution is insufficient for equitable result; permits courts to modify or terminate maintenance awards entered on or after January 1, 2014; effective date January 1, 2014.
Legislative Description
Determination Of Spousal Maintenance Upon Divorce
Last Action
Governor Action - Signed
5/10/2013