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NY S06784
Bill
Status
Passed
11/21/2014
Primary Sponsor
Tony Avella
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
- Changes the adjustment mechanism from a product calculation to a sum calculation using the average annual percentage changes in the Consumer Price Index (CPI-U)
- Adjustments to the income amount will occur every two years beginning January 31, 2016, rather than every two years beginning January 31, 2012
- The adjustment formula multiplies the prior two years' average CPI-U percentage change by the current combined parental income amount and rounds to the nearest $1,000
- Applies to child support orders issued in Supreme Court and Family Court under Family Court Act section 413 and Domestic Relations Law section 240
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
SIGNED CHAP.466
11/21/2014
Committee Referrals
Codes6/12/2014
Social Services3/10/2014
Full Bill Text
No bill text available