Many of the articles and hearsay about this bill are not entirely accurate. This bill does not have guidelines as to the amount of alimony, however, it does have a durational component, which could be deviated from in exceptional circumstances, and exceptional circumstances are broadly defined. The bill also proposes changes to the law on how retirement and unemployment may affect support obligations, waiting periods to file motions for modifications, standards, requirements, etc.
As of now, the bill is on the Governor's desk and as family law practitioners we are anxiously awaiting an update. We will continue to follow this closely.
Here is a link to the bill in its entirety which underlines the new, proposed language.