Bill Text: AZ SB1336 | 2011 | Fiftieth Legislature 1st Regular | Introduced
Bill Title: Community property exclusion; military retainers
Spectrum: Partisan Bill (Republican 6-0)
Status: (Introduced - Dead) 2011-02-01 - Referred to Senate VMA Committee [SB1336 Detail]
Download: Arizona-2011-SB1336-Introduced.html
REFERENCE TITLE: community property exclusion; military retainers |
State of Arizona Senate Fiftieth Legislature First Regular Session 2011
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SB 1336 |
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Introduced by Senator Antenori; Representatives Gowan, Montenegro, Stevens: Harper, Vogt
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AN ACT
Amending section 25-318.01, Arizona Revised Statutes; relating to dissolution of marriage.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 25-318.01, Arizona Revised Statutes, is amended to read:
25-318.01. Military retirement benefits; disability related waiver; separate property
A. In making a disposition of property pursuant to section 25‑318 or 25‑327, a court shall not do any of the following:
1. Consider any federal disability benefits awarded to a veteran for service-connected disabilities pursuant to 38 United States Code chapter 11.
2. Indemnify the veteran's spouse or former spouse for any prejudgment or postjudgment waiver or reduction in military retirement retired or retainer pay related to receipt of the disability benefits.
3. Award any other income or property of the veteran to the veteran's spouse or former spouse for any prejudgment or postjudgment waiver or reduction in military retirement retired or retainer pay related to receipt of the disability benefits.
B. Retainer pay awarded at any time to a spouse who is a veteran is the separate property of that spouse.