Synopsis As Introduced Amends the Code of Civil Procedure. Provides that if the court finds that a judgment debtor is a family supporter, the court may prospectively reduce the amount of wages withheld or reduce the interest rate on a judgment to a rate not lower than 3%, taking into consideration the needs of the judgment debtor's dependent and the judgment debtor's ability to meet those needs. Provides that under the Act, (1) "family supporter" means an individual who actually supports and resides with one or more dependents; and (2) "dependent" means a child under the age of 18 who resides with and is supported by the judgment debtor or a disabled person who resides with and is supported by the judgment debtor and whose relationship with the judgment debtor is that of parent, stepparent, son, daughter, sibling, uncle, aunt, grandparent, or ward. Provides that certain provisions that are operative on and after January 1, 2012 revert, as of January 1, 2014, to the law existing before the effective date of the amendatory Act. Effective January 1, 2012.
House Committee Amendment No. 1 Further amends the Code of Civil Procedure. Provides that the provisions concerning a judgment interest reduction do not apply to a child support or maintenance judgment.