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NY A09764
Bill
Status
Introduced
5/20/2014
Primary Sponsor
Helene Weinstein
Click for details
AI Summary
- Increases the combined parental income amount used in child support calculations from $130,000 to $141,000 as of January 31, 2014
- Establishes automatic adjustments to the income cap beginning January 31, 2016 and every two years thereafter based on the sum of average annual percentage changes in the Consumer Price Index for All Urban Consumers (CPI-U)
- Changes the adjustment calculation method from a product to a sum formula, multiplying the CPI-U percentage by the current combined parental income amount and rounding to the nearest thousand dollars
- Applies to child support orders issued under Family Court Act Section 413 and Domestic Relations Law Section 240
- Takes effect ninety days after becoming law
Legislative Description
Relates to the income amounts to be utilized in issuing orders of child support and temporary spousal maintenance in supreme and family court.
Last Action
substituted by s6784a
6/16/2014
Committee Referrals
Rules6/3/2014
Codes5/28/2014
Judiciary5/20/2014
Full Bill Text
No bill text available