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AGENCY | Office of the Attorney General |
ISSUE | 07/12/2019 |
ACTION | Miscellaneous |
Announcement of Adjustment Required by Texas Family Code §154.125
Effective September 1, 2019, the guidelines for the support of a child apply to situations in which the obligor's monthly net resources are not greater than $9,200.00. Texas Family Code §154.125 (in part): APPLICATION OF GUIDELINES TO NET RESOURCES. (a) The guidelines for the support of a child in this section are specifically designed to apply to situations in which the obligor's monthly net resources are not greater than $7,500 or the adjusted amount determined under Subsection (a-1), whichever is greater. (a-1) The dollar amount prescribed by Subsection (a) is adjusted every six years as necessary to reflect inflation. The Title IV-D agency shall compute the adjusted amount, to take effect beginning September 1 of the year of the adjustment, based on the percentage change in the consumer price index during the 72-month period preceding March 1 of the year of the adjustment, as rounded to the nearest $50 increment. The Title IV-D agency shall publish the adjusted amount in the Texas Register before September 1 of the year in which the adjustment takes effect. For purposes of this subsection, "consumer price index" has the meaning assigned by Section 341.201, Finance Code. Computation: February 2019, the designated CPI was 733.407 February 2013, the designated CPI was 681.158 The CPI change was 52.249 (733.407-681.158) The CPI increased by 7.67061% (52.249 ÷ 681.158= 0.0767061) $8,550 x 1.0767061= $9,205.84 $9,205.84 rounded to the nearest $50 increment is $9,200.00 TRD-201902012 Ryan L. Bangert Deputy Attorney General for Legal Counsel Office of the Attorney General Filed: June 26, 2019 |
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