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Last November, Pennsylvania Governor Tom Wolf signed into law the Payroll Cards (pay cards) Bill S.B. 1265. This law became effective May 3, 2017. Until it was passed, there were no explicit regulations surrounding pay card use in Pennsylvania. Most businesses treated the use of pay cards with the same regulations as direct deposits.
The prior regulations included in Pennsylvania Stat. 7.6121 & 7.6122:
The new law goes into additional details specific to payroll cards. They include:
If you have any questions about the use or implementation of a payroll card program, contact Tina M. Frysinger at 412.697.5209 or [email protected].
Visit the “Our Thoughts On” blog for additional state and local tax updates as they become available
Read more about the current Greenbook proposals. ...
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