FL S0668

Establishes formula-based alimony guidelines calculating presumptive amount range using 1.5-2% of marriage years multiplied by income difference between spouses, with duration range of 25-75% of marriage length

Creates rebuttable presumption against alimony for marriages of 2 years or less, requiring clear and convincing evidence of need for an award

Caps combined alimony and child support payments at 55% of the payor's net income

Requires courts to begin custody determinations with the premise that children should spend approximately equal time with each parent, then adjust based on best interest factors

Allows modification or termination of alimony upon obligor's retirement at full Social Security retirement age or customary retirement age for their occupation, with rebuttable presumption favoring modification

Applies to all pending and future alimony determinations and modifications as of October 1, 2016, though the act alone cannot serve as sole basis to modify existing awards