2013 -- H 5499

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO DOMESTIC RELATIONS - DIVORCE AND SEPARATION

     Introduced By: Representative Larry Valencia

     Date Introduced: February 14, 2013

     Referred To: House Judiciary

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 15-5-16.5 of the General Laws in Chapter 15-5 entitled "Divorce

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and Separation" is hereby amended to read as follows:

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     15-5-16.5. Interest on arrearages. -- Interest at the rate of six percent (6%) twelve

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percent (12%) per annum on any support debt due or owing, child or spousal support, shall be

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assessed at the discretion of unless the responsible party shall, for good cause shown, be relieved

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of the obligation to pay interest by the family court.

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     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO DOMESTIC RELATIONS - DIVORCE AND SEPARATION

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     This act would change the interest rate to six percent (6%) per annum on any support debt

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due or owing, child or spousal support to be assessed at the discretion of the family court.

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     This act would take effect upon passage.

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LC01326

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