New Payroll Deductions Bill Signed into Law
13 Sep 2012
by: Mark Eagan
Advocacy Update:
Governor Cuomo recently signed a bill into law restoring employers’ ability to make deductions from employee wages in a number of circumstances. The Albany-Colonie Regional Chamber advocated in support of the permitted wage deduction legislation. This legislation clarifies the types of items and costs that employers can deduct from employee wages. The law will continue to allow employee wage deductions for health and retirement benefits, union dues, payments to charitable organizations, and payment for U.S. bonds. On November 6, 2012 the following permissible wage deductions will now also include costs associated with:
- Discounted mass transit tickets, passes, or user cards
- Fitness or health club and/or gym membership dues
- Cafeteria, vending machine, and pharmacy purchases made at the employer's place of business, and gift shops run by hospitals, colleges and universities
- Tuition, room, board and fees for nursery, primary, secondary and postsecondary education costs
- Daycare and before- and after-school care expenses
The Albany-Colonie Regional Chamber is a proactive advocate for policies and projects that will improve the business climate and enhance the economic vitality of the Capital Region. From grassroots development, direct lobbying, and coalition building, the Regional Chamber is at the forefront of building and influencing a future full of opportunity.
To help advocate or to discuss public policy issues, contact Chamber president and CEO Mark Eagan at 518.431.1424 / marke@acchamber.org or public affairs manager Nicholas Vaugh at 518.431.1413 / nickv@acchamber.org