Bill Text - HB1103 (2022)

Relative to certain assets in a divorce proceeding.


Revision: June 21, 2022, 3:44 p.m.

CHAPTER 186

HB 1103 - FINAL VERSION

 

05/05/2022   1965s

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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AMENDED 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.  This bill also allows for either party to petition the court for a modification of a property settlement in regards to the parties' animals.

 

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05/05/2022   1965s 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:

 

186:1  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.

186:2  Divorce; Property Settlement; Tangible Property.  Amend RSA 458:16-a, II-a to read as follows:

II-a.  Tangible property shall include animals.  In such cases, the property settlement shall address the care and ownership of the parties' animals, taking into consideration the animals' wellbeing.  Upon petition of either party, the court may review and modify the property settlement agreed to previously only as it pertains to this paragraph.

186:3  Effective Date.  This act shall take effect January 1, 2023.

 

Approved: June 17, 2022

Effective Date: January 01, 2023