Bill Text: NH HB1103 | 2022 | Regular Session | Introduced
Bill Title: Relative to certain assets in a divorce proceeding.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2022-06-22 - Signed by Governor Sununu 06/17/2022; Chapter 186; eff. 01/01/2023 House Journal 14 [HB1103 Detail]
Download: New_Hampshire-2022-HB1103-Introduced.html
HB 1103 - AS INTRODUCED
2022 SESSION
22-2496
07/05
HOUSE BILL 1103
AN ACT relative to certain assets in a divorce proceeding.
SPONSORS: Rep. Spillane, Rock. 2; Rep. DiLorenzo, Rock. 17; Rep. Bershtein, Rock. 2; Sen. Reagan, Dist 17
COMMITTEE: Children and Family Law
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ANALYSIS
This bill provides that, in a divorce proceeding, the court shall not require a party to sell a marital asset if the party is able to compensate the other party for his or her interest in it and the sale is not required for an equitable division of the marital property.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
22-2496
07/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Two
AN ACT relative to certain assets in a divorce proceeding.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraph; Divorce; Property Settlement. Amend RSA 458:16-a by inserting after paragraph IV the following new paragraph:
V. The court shall not require a party to sell a piece of marital property if one party is able to fully and fairly compensate the other party for his or her interest in it and the sale is not required for an equitable division of property between the parties.
2 Effective Date. This act shall take effect January 1, 2023.
