New Hampshire HB1263 redefines disposable military retirement pay and modifies alimony obligations based on this pay.
New Hampshire HB1263 amends the definition of disposable military retirement pay to include specific deductions and exclusions. It clarifies that disposable military retirement pay is not considered marital property and is not gross income for alimony purposes. The bill also establishes that alimony payments sourced from disposable military retirement pay must terminate or be suspended when the payor reaches full retirement age or actual retirement, unless federal law or regulation requires otherwise. This act takes effect July 1, 2026.
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