TN SB0424 | 2017-2018 | 110th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 19 2017 - 100% progression
Action: 2017-05-19 - Comp. became Pub. Ch. 309
Text: Latest bill text (Chaptered) [PDF]

Summary

As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4.

Tracking Information

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Title

As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4.

Sponsors


Roll Calls


History

DateChamberAction
2017-05-19 Comp. became Pub. Ch. 309
2017-04-26SenateCompanion House Bill substituted
2017-04-24SenatePlaced on Senate Regular Calendar calendar for 4/26/2017
2017-04-18SenateRecommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 1
2017-04-12SenatePlaced on Senate Judiciary Committee calendar for 4/18/2017
2017-03-07SenateAssigned to General Subcommittee of Senate Judiciary Committee
2017-03-01SenatePlaced on Senate Judiciary Committee calendar for 3/7/2017
2017-02-09SenatePassed on Second Consideration, refer to Senate Judiciary Committee
2017-02-08SenateIntroduced, Passed on First Consideration
2017-02-06SenateFiled for introduction

Same As/Similar To

HB0348 (Crossfiled) 2017-05-19 - Pub. Ch. 309

Subjects


Tennessee State Sources


Bill Comments

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