Wages and salaries; employer to pay by credit to prepaid debit card or card account. (SB1264)
Introduced By
Sen. Tommy Norment (R-Williamsburg)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Payment of wages and salaries; wage payments. Authorizes employers to pay wages and salaries by credit to a prepaid debit card or card account, without the employee's affirmative consent, if the employee fails to designate a financial institution to which payment could be made by electronic automated fund transfer and the employer arranges for the employee to have the ability to make at least one free withdrawal or transfer per pay period using such card. Currently, payment via prepaid debit card or card account requires the affirmative consent of the employee, though such consent is not required if the employee has not designated a financial institution to which payment by electronic automated fund transfer could be made and the employee is employed at an amusement park. Amends § 40.1-29 (“Time and medium of payment; withholding wages; written statement of earnings; agreement for forfeiture of wages; proceedings to enforce compliance; penalties.”), of the Code of Virginia. View Full Text »
