MS SB2362

Establishes child support guidelines as a rebuttable presumption based on percentage of adjusted gross income, ranging from 14% for one child to 26% for five or more children.

Presumes guidelines are reasonable for adjusted gross income between $10,000 and $100,000 annually; courts must make written findings if income falls outside this range.

Defines adjusted gross income to include wages, self-employment income, investments, retirement benefits, and alimony, minus mandatory deductions for taxes, Social Security, and existing child support orders.

Adds payment of child care expenses by the custodial parent (obligee) as a criterion that can overcome the presumption that guideline amounts are appropriate.

Effective July 1, 2012.