Jackson Lewis: New York's Payroll Debit Card Regulations Held Invalid and Revoked | Practical Law
This Law Firm Publication by Jackson Lewis, P.C. discusses a decision by the New York State Industrial Board of Appeals (IBA) on February 16, 2017 invalidating New York State Department of Labor (NYSDOL) regulations that would have restricted the use of payroll debit cards and imposed disclosure and consent requirements on employers using direct deposit. The regulations were due to take effect on March 7, 2017. The IBA found that the regulations exceeded the Commissioner of Labor's rulemaking authority and also violated existing state banking regulations. The NYSDOL has 60 days to appeal the IBA's decision.