Enables employees to receive electronic confirmation of direct deposit in lieu of paper pay stubs; authorizes rules and regulations by the comptroller for electronic confirmation system; requires notification of such system in each employee's paper pay stub.
STATE OF NEW YORK
________________________________________________________________________
2625
2013-2014 Regular Sessions
IN ASSEMBLY
January 17, 2013
___________
Introduced by M. of A. KAVANAGH, CAMARA, GABRYSZAK, LUPARDO, MARKEY,
MILLMAN, STEVENSON, ZEBROWSKI -- Multi-Sponsored by -- M. of A.
BARCLAY, CERETTO, CROUCH, JAFFEE, McLAUGHLIN, OAKS, SCHIMEL, SWEENEY,
WEISENBERG -- read once and referred to the Committee on Ways and
Means
AN ACT to amend the state finance law, in relation to providing the
option to employees of electronic confirmation of direct deposit in
lieu of paper pay stubs
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph (c) of subdivision 4 of section 200 of the state
2 finance law is relettered paragraph (e) and two new paragraphs (c) and
3 (d) are added to read as follows:
4 (c) Any employee who requests to have their salary deposited directly
5 in a bank pursuant to this section, may opt out of receiving a paper pay
6 stub and may instead receive electronic confirmation that the direct
7 deposit transfer has gone through.
8 (d) The comptroller is hereby authorized to promulgate reasonable
9 rules and regulations, as may be necessary, to administer the electronic
10 confirmation of direct deposits of employees' salaries established in
11 paragraph (c) of this subdivision. The comptroller shall provide notice
12 of the electronic confirmation system in each employee's paper pay stub.
13 § 2. This act shall take effect on the one hundred eightieth day after
14 it shall have become a law. Effective immediately the comptroller is
15 authorized to promulgate any rules and regulations and take any other
16 measures necessary to implement this act on its effective date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02319-01-3
