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TX SB629

Bill

Status

Introduced

12/17/2024

Primary Sponsor

Judith Zaffirini

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Reduces the interest rate on delinquent child support from 6% to 3% simple interest per year for amounts exceeding the monthly periodic support obligation

  • Lowers the interest rate on child support arrearages that have been confirmed and reduced to money judgment from 6% to 3% simple interest per year

  • Decreases the interest rate on money judgments for retroactive or lump-sum child support from 6% to 3% simple interest per year

  • New interest rates apply to child support payments due on or after January 1, 2026, and to money judgments rendered on or after that date

  • For arrearages existing before January 1, 2026, the prior interest rate applies until that date, after which the new 3% rate takes effect on the cumulative total

Legislative Description

Relating to the accrual of interest on overdue child support.

Family

Last Action

Not again placed on intent calendar

5/7/2025

Committee Referrals

Jurisprudence2/3/2025

Full Bill Text

No bill text available