VA SB1081 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 6 2017 - 25% progression, died in chamber
Action: 2017-02-01 - Passed by indefinitely in Courts of Justice (8-Y 7-N)
Text: Latest bill text (Prefiled) [HTML]

Summary

Award of life insurance upon divorce or dissolution of marriage. Provides that where an order for spousal support or separate maintenance has been entered by the court, the court may order a party to maintain an existing life insurance policy, renew an existing life insurance policy, designate the other party as beneficiary, allocate the premium cost of life insurance between the parties, and order the insured party to facilitate the provision of certain information from the insurer to the beneficiary. The bill sets out factors to be considered by the court when making such an award and provides that the obligation to maintain a life insurance policy ceases upon the termination of the party's obligation to pay spousal support or separate maintenance. This bill is a recommendation of the Boyd-Graves Conference.

Tracking Information

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Title

Divorce or dissolution of marriage; award of life insurance.

Sponsors


Roll Calls

2017-02-01 - Senate - Senate: Passed by indefinitely in Courts of Justice (8-Y 7-N) (Y: 8 N: 7 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-02-01SenatePassed by indefinitely in Courts of Justice (8-Y 7-N)
2017-01-06SenateReferred to Committee for Courts of Justice
2017-01-06SenatePrefiled and ordered printed; offered 01/11/17 17100205D

Subjects


Virginia State Sources


Bill Comments

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