The bill H. 3605 proposes an amendment to Section 20-3-130 of the South Carolina Code of Laws, which pertains to alimony. The amendment specifically introduces a definition for "earning potential." It clarifies that for a salaried spouse, earning potential is defined as their salary, while for a self-employed spouse, it is set at twice the minimum wage.
This change aims to provide clearer guidelines for determining alimony obligations by establishing a standardized measure of earning potential for both salaried and self-employed individuals. The bill will take effect upon approval by the Governor.
Statutes affected: 12/12/2024: 20-3-130
Latest Version: 20-3-130