Bill Text: NY A04867 | 2019-2020 | General Assembly | Introduced

Bill Title: 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.

Spectrum: Slight Partisan Bill (Democrat 5-3)

Status: (Introduced) 2019-06-14 - reported referred to rules [A04867 Detail]

Download: New_York-2019-A04867-Introduced.html

                STATE OF NEW YORK
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 5, 2019
        Introduced  by  M.  of A. ROZIC, LUPARDO, ZEBROWSKI, MONTESANO -- Multi-
          Sponsored by -- M. of A. BARCLAY, CROUCH,  JAFFEE  --  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.