Introduced by Sen. Mike Nofs (R) on September 19, 2013, to allow assets in a delinquent child support payer’s Individual Retirement Account to be seized to make up the arrearage. This bill establishes that if the payer goes bankrupt the creditors can’t claim the IRA money if it is being used to cover the child support arrearage. Full Text and Analysis.
Referred to the Senate Families, Seniors & Human Services Committee on September 19, 2013.
Reported in the Senate on November 12, 2013, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.