Bill Text: IA SF181 | 2011-2012 | 84th General Assembly | Introduced
Bill Title: A bill for an act providing for the modification of property divisions made pursuant to a dissolution of marriage.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-12-31 - END OF 2011 ACTIONS [SF181 Detail]
Download: Iowa-2011-SF181-Introduced.html
Senate
File
181
-
Introduced
SENATE
FILE
181
BY
DANIELSON
A
BILL
FOR
An
Act
providing
for
the
modification
of
property
divisions
1
made
pursuant
to
a
dissolution
of
marriage.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
TLSB
2244XS
(3)
84
pf/nh
S.F.
181
Section
1.
Section
598.21,
subsection
7,
Code
2011,
is
1
amended
to
read
as
follows:
2
7.
Not
subject
to
Limited
modification.
3
a.
Property
Except
as
provided
in
paragraph
“b”
,
property
4
divisions
made
under
this
chapter
are
not
subject
to
5
modification.
6
b.
The
portion
of
a
property
division
which
constitutes
7
an
order
intended
to
be
a
qualified
domestic
relations
8
order
affecting
pension,
profit
sharing,
or
stock
bonus
9
plans
pursuant
to
the
United
States
Internal
Revenue
Code
is
10
modifiable
only
for
the
purpose
of
establishing
or
maintaining
11
the
order
as
a
qualified
domestic
relations
order
or
to
revise
12
or
confirm
the
order’s
terms
to
effectuate
the
expressed
intent
13
of
the
order.
14
EXPLANATION
15
This
bill
allows
an
exception
to
the
proscription
against
16
modification
of
property
divisions
made
under
the
dissolution
17
of
marriage
and
domestic
relations
Code
chapter.
The
exception
18
provides
that
the
portion
of
a
property
division
which
19
constitutes
an
order
intended
to
be
a
qualified
domestic
20
relations
order
(QDRO)
affecting
pension,
profit
sharing,
21
or
stock
bonus
plans
is
modifiable
only
for
the
purpose
of
22
establishing
or
maintaining
the
order
as
a
QDRO
or
to
revise
or
23
confirm
the
order’s
terms
to
effectuate
the
expressed
intent
24
of
the
order.
25
-1-
LSB
2244XS
(3)
84
pf/nh
1/
1
