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Assembly Bill A5876

2015-2016 Legislative Session

Enables employees to receive electronic confirmation of direct deposit in lieu of paper pay stubs

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Archive: Last Bill Status - In Assembly Committee

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2015-A5876 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Amd ยง200, St Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A659
2011-2012: A5584
2013-2014: A2625
2017-2018: A8602, A9690
2019-2020: A4867

2015-A5876 (ACTIVE) - Summary

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.

2015-A5876 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5876

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              March 5, 2015
                               ___________

Introduced  by  M.  of A. KAVANAGH, LUPARDO, MARKEY, ZEBROWSKI -- Multi-
  Sponsored by -- M. of A.  BARCLAY, CERETTO, CROUCH,  JAFFEE,  McLAUGH-
  LIN,  OAKS, SCHIMEL -- 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:

  Section  1. Paragraph (c) of subdivision 4 of section 200 of the state
finance law is relettered paragraph (e) and two new paragraphs  (c)  and
(d) are added to read as follows:
  (C)  ANY EMPLOYEE WHO REQUESTS TO HAVE THEIR SALARY DEPOSITED DIRECTLY
IN A BANK PURSUANT TO THIS SECTION, MAY OPT OUT OF RECEIVING A PAPER PAY
STUB AND MAY INSTEAD RECEIVE ELECTRONIC  CONFIRMATION  THAT  THE  DIRECT
DEPOSIT TRANSFER HAS GONE THROUGH.
  (D)  THE  COMPTROLLER  IS  HEREBY  AUTHORIZED TO PROMULGATE REASONABLE
RULES AND REGULATIONS, AS MAY BE NECESSARY, TO ADMINISTER THE ELECTRONIC
CONFIRMATION OF DIRECT DEPOSITS OF EMPLOYEES'  SALARIES  ESTABLISHED  IN
PARAGRAPH  (C) OF THIS SUBDIVISION. THE COMPTROLLER SHALL PROVIDE NOTICE
OF THE ELECTRONIC CONFIRMATION SYSTEM IN EACH EMPLOYEE'S PAPER PAY STUB.
  S 2. This act shall take effect on the one hundred eightieth day after
it shall have become a law. Effective  immediately  the  comptroller  is
authorized  to  promulgate  any rules and regulations and take any other
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.
                                                           LBD04530-01-5

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