The New York State Department of Labor (NYSDOL) has appealed the Industrial Board of Appeals decision that invalidated and revoked final regulations issued by the NYSDOL which would have significantly restricted the use of payroll debit cards and imposed new disclosure and consent requirements for direct deposit. The regulations (12 NYCRR §192) were to become
direct deposit
New York Introduces Regulations Concerning Use of Payroll Debit Cards
By Noel P. Tripp on
Posted in New York State
Like many states before it, New York today published new proposed regulations to provide “clarification and specification as to the permissible methods of payment [in New York], including [the use of] payroll debit cards.” The proposed regulations require voluntary consent from employees paid pursuant to such a program, and set minimum program requirements for…
Illinois Enacts Pay Card Legislation
By Noel P. Tripp on
Posted in Illinois, Recordkeeping
Joining the ranks of states which have enacted a specific statute to address the payment of wages via payroll debit card, Illinois Governor Pat Quinn last Wednesday signed legislation regulating payroll debit card practices in the state. The new law is generally consistent with the Illinois Department of Labor’s recent historical enforcement practice, in…