Bill > HB1762

This bill revises the calculation of child support by updating several key aspects of the existing law. The bill redefines adjusted gross income to include specific deductions such as court-ordered support payments, self-employed taxes, mandatory retirement contributions, state income taxes, and child care or medical support expenses. It introduces a new "parenting time factor" (PTF) calculation that determines the proportion of child-rearing costs based on the number of overnights a parent spends with the child, with a maximum cap of 1.000. The child support formula is modified to divide the total support obligation between parents proportionally based on their adjusted incomes, taking into account child care and medical support expenses. A "self-support reserve" provision is added to ensure that child support obligations do not push the paying parent below a minimum income threshold. The bill also provides guidance for courts when considering adjustments to child support guidelines, including factors like expense-sharing agreements, reduction of fixed child-rearing costs, and the lower-earning parent's ability to maintain a similar standard of living. The changes are set to take effect on January 1, 2027, and are expected to require system updates and potential vendor consultation, with an estimated one-time cost between $290,000 and $490,000, funded by a combination of state and federal funds.

Justice

https://gc.nh.gov/bill_Status/billinfo.aspx?id=2346&inflect=2