House File 302 - Introduced



                                       HOUSE FILE       
                                       BY  HELLAND


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act permitting the payment of wages by a stored=value card.
  2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  3 TLSB 1872YH 83
  4 ec/nh/8

PAG LIN



  1  1    Section 1.  Section 91A.3, subsection 2, Code 2009, is
  1  2 amended to read as follows:
  1  3    2.  The wages paid under subsection 1 shall be paid in
  1  4 United States currency or by written instrument issued by the
  1  5 employer and negotiable on demand at full face value for such
  1  6 currency, unless the employee has agreed in writing to receive
  1  7 a part of or all wages in kind or in other form, such as a
  1  8 stored=value card.
  1  9                           EXPLANATION
  1 10    This bill provides that an employer may pay wages to an
  1 11 employee by use of a stored=value card if the employee agrees
  1 12 in writing.
  1 13 LSB 1872YH 83
  1 14 ec/nh/8