What does Texas HB1916 do?
HB 1916 mandates that the court which rendered the original divorce decree retains continuing, exclusive jurisdiction over any subsequent suits to divide assets omitted from that decree. This legislation eliminates forum shopping for post-divorce disputes involving business equity, stock options, or retirement benefits; if a suit regarding "undivided" corporate assets is filed in a new venue, it is subject to dismissal or transfer. Implementation Timeline Effective Date: June 20, 2025 (Effective immediately upon signature/filing).