Pay card legislation the focus of house labor subcommittee

February 5, 2015

Rep. Greg Forristall (R-Macedonia), Chairman of the House Labor Committee, had two subcommittee meetings this week on House Study Bill 94. This proposed legislation was brought forward by the Attorney General’s office to address the increased use of debit or pay cards for employee wages. The Attorney General’s office is seeking additional protections for employees who receive wages via debit card and to make certain the employer notifies the employee of all potential charges associated with using the card. Forristall is working with interested stakeholders to improve the legislation and make it amenable to all parties. In addition to ABI, the Iowa Bankers Association, Iowa Retail Federation and others are opposed.