New York attorney general backs payroll card regulations
Earlier this month, this blog covered a bill that is currently working its way through the Illinois state government that would clarify the parameters for companies using direct deposit payroll cards as a way to pay employees. Now another state is getting on this bandwagon.
According to recent article from The New York Times, New York's attorney general Eric Schneiderman is taking up a battle to regulate the use of payroll cards through a new piece of legislation. The goal of the bill is to protect employees as there is concern that low wage workers can be unfairly targeted.
"The goal of this legislation is to move past the stage where we're trying to chase down individual employers with laws that were not written with payroll laws in mind," Schneiderman told the news source.
He went … more