Revision: Dec. 2, 2019, 11:11 a.m.
HB 1180 - AS INTRODUCED
2020 SESSION
20-2239
05/01
HOUSE BILL 1180
AN ACT relative to certain assets in a divorce proceeding.
SPONSORS: Rep. Read, Rock. 17; Rep. Horn, Merr. 2; Rep. Spillane, Rock. 2; Rep. Cahill, Rock. 17; Rep. Vincent, Straf. 17; Rep. DiLorenzo, Rock. 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
20-2239
05/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty
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, 2021.