N.Y. DOL Extends Comment Period for Payroll Card Regs (July 6, 2015)
Payroll card providers now have until July 31, 2015, to respond to the New York Department of Labor’s proposed payroll card regulations, which prohibit fees for inactivity, overdraft, declined transactions or receiving written transaction statements and require a seven-day waiting period before seeking an employee’s consent to pay wages by a payroll card, among other mandates. The original deadline was July 10. Submit comments to Michael Paglialonga, NYS Department of Labor, Building 12, State Office Campus, Room 509, Albany, N.Y. 12240, email: [email protected].
