Fabio
92 lines
5.3 KiB
Markdown
92 lines
5.3 KiB
Markdown
---
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type: "Bill"
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title: "Divorce, Annulment and Alimony - As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4."
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description: "Divorce, Annulment and Alimony - As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4."
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jurisdiction: "us/states/tn"
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legislature: "Tennessee General Assembly"
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session: "110"
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identifier: "SB 424"
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citation: "Tennessee SB 424 (110)"
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classification: ["bill"]
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subjects: ["Divorce", "Annulment and Alimony"]
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status: "enacted"
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primary_sponsors: ["Farmer", "Stevens"]
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version_count: 1
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action_count: 36
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vote_count: 1
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first_action: "2017-02-01"
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last_action: "2017-05-19"
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source: "openstates"
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source_identifier: "ocd-bill/f0d011ea-0ce8-4f3c-bd77-4150460c4f37"
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source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0424&GA=110"
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source_hash: "8fa8a051a45876651498491cbf575c779fb61a35c00b38987a83931ebd996306"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-tn"]
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---
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# Tennessee SB 424 (110) — Divorce, Annulment and Alimony - As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/110/Bill/SB0424.pdf)
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## Votes
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- SENATE JUDICIARY COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 1 4/18/2017 Passed (1) — **8–0** (pass) · upper
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## Sponsors
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- Farmer — primary (person)
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- Stevens — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2017-02-01** Filed for intro. `introduction, reading-1`
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- **2017-02-02** Intro., P1C. `introduction`
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- **2017-02-06** Filed for introduction `introduction, reading-1`
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- **2017-02-06** P2C, ref. to Civil Justice Committee `referral-committee`
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- **2017-02-07** Assigned to s/c Civil Justice Subcommittee `referral-committee`
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- **2017-02-08** Introduced, Passed on First Consideration `introduction`
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- **2017-02-09** Passed on Second Consideration, refer to Senate Judiciary Committee
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- **2017-02-15** Placed on s/c cal Civil Justice Subcommittee for 2/22/2017
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- **2017-02-22** Action Def. in s/c Civil Justice Subcommittee to 3/8/2017
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- **2017-03-01** Placed on Senate Judiciary Committee calendar for 3/7/2017
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- **2017-03-01** Placed on s/c cal Civil Justice Subcommittee for 3/8/2017
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- **2017-03-07** Assigned to General Subcommittee of Senate Judiciary Committee `referral-committee`
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- **2017-03-08** Placed on cal. Civil Justice Committee for 3/14/2017
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- **2017-03-08** Rec for pass if am by s/c ref. to Civil Justice Committee `referral-committee`
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- **2017-03-14** Rec. for pass. if am., ref. to Calendar & Rules Committee `committee-passage-favorable`
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- **2017-03-15** Placed on cal. Calendar & Rules Committee for 3/16/2017
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- **2017-03-16** H. Placed on Regular Calendar for 3/23/2017
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- **2017-03-23** Engrossed; ready for transmission to Sen.
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- **2017-03-23** Passed H., as am., Ayes 93, Nays 0, PNV 0 `passage`
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- **2017-03-23** H. adopted am. (Amendment 1 - HA0102) `amendment-passage`
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- **2017-03-27** Received from House, Passed on First Consideration `introduction`
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- **2017-04-12** Placed on Senate Judiciary Committee calendar for 4/18/2017
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- **2017-04-18** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 1
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- **2017-04-24** Placed on Senate Regular Calendar calendar for 4/26/2017
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- **2017-04-26** Companion House Bill substituted
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- **2017-04-26** Enrolled; ready for sig. of H. Speaker.
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- **2017-04-26** Passed Senate, Ayes 30, Nays 1 `passage`
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- **2017-04-26** Amendment withdrawn. (Amendment 1 - SA0470)
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- **2017-04-26** Senate substituted House Bill for companion Senate Bill.
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- **2017-05-01** Signed by H. Speaker
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- **2017-05-02** Transmitted to Governor for his action. `executive-receipt`
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- **2017-05-02** Signed by Senate Speaker
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- **2017-05-05** Signed by Governor. `executive-signature`
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- **2017-05-19** Comp. became Pub. Ch. 309
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- **2017-05-19** Pub. Ch. 309
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- **2017-05-19** Effective date(s) 07/01/2017
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f0d011ea-0ce8-4f3c-bd77-4150460c4f37`. Confidence: reported (aggregated from official Tennessee legislature records).
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