HB407 — Child Custody and Support - As enacted, eliminates the accrual of interest on child support arrearages unless the court makes a written finding that interest will continue to accrue; in making such finding, the court must set the rate at which interest will accrue after consideration of any factors the court deems relevant, which rate may be no more than 4 percent per year. - Amends TCA Title 36, Chapter 5.

HB407 — Child Custody and Support - As enacted, eliminates the accrual of interest on child support arrearages unless the court makes a written finding that interest will continue to accrue; in making such finding, the court must set the rate at which interest will accrue after consideration of any factors the court deems relevant, which rate may be no more than 4 percent per year. - Amends TCA Title 36, Chapter 5. · Informed CitizenryHB407 amends Tennessee Code Annotated Title 36, Chapter 5, regarding child support. The bill changes the law so that interest no longer automatically accrues on child support arrearages. For intere…Open in Informed Citizenry