S.B. No. 629 amends Section 157.265 of the Texas Family Code to adjust the interest rate on overdue child support payments. The bill changes the interest rate from six percent to three percent simple interest per year for delinquent child support that exceeds the monthly support obligation, as well as for child support arrearages that have been confirmed and reduced to a money judgment. Additionally, the bill specifies that this new interest rate applies to child support payments due on or after January 1, 2026, while arrearages existing before that date will continue to accrue interest at the rate applicable prior to the change until January 1, 2026.
The bill also clarifies that any money judgments for child support rendered on or after January 1, 2026, will be subject to the new interest rate, while judgments rendered before that date will be governed by the previous law. The effective date of this act is set for September 1, 2025.
Statutes affected: Introduced: Family Code 157.265 (Family Code 157)
Senate Committee Report: Family Code 157.265 (Family Code 157)