MS HB1363

Amends Mississippi Code Section 43-19-101 to establish that child support guidelines are presumed reasonable for adjusted gross income exceeding $50,000.00 unless the court makes a written finding that application is unreasonable.

Maintains existing child support percentage guidelines based on number of children: 14% for one child, 20% for two children, 22% for three children, 24% for four children, and 26% for five or more children.

Requires courts to make written findings on the record when deviating from guidelines for cases involving adjusted gross income over $50,000.00 or under $5,000.00.

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

Effective date: July 1, 2013.