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
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New York AG Schneiderman Introduces Pay Card Legislation
By Noel P. Tripp on
Posted in New York State
Following his investigation of the issue, New York Attorney General Eric Schneiderman last week proposed the Payroll Card Act, which would require employers:
- To permit employees to elect whether to be paid through a payroll card, direct deposit, or to receive a paper check;
- To provide notice of payroll card program terms and conditions,
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