Struck = removed from the bill ·
added = the amendment's new text.
HB 1246 - AS INTRODUCED SESSION 24-2205 10/08 HOUSE BILL 1246 AN ACT relative to allowing for payment of wages in gold or silver.
SPONSORS:
2;2 January 29, 2024 2024-0303h 11/08 Amendment to HB 1246 Amend RSA 275:43, I as inserted by section 1 of the bill by replacing it with the following:
Rep.3 I.
Belcher,Every Carr.employer shall pay all wages due to employees within 8 days after the expiration of the work week if the employee is paid on a weekly basis, or within 15 days after the expiration of the work week if the employee is paid on a biweekly basis, except when permitted to pay wages less frequently as authorized by the commissioner pursuant to paragraph IV or IV-a(a), on regular paydays designated in advance by the employer and at no cost to the employee:
4;(a) In lawful money of the United States;
Rep.(b) In gold or silver, provided that both the employee and employer have agreed to such payment in writing;
Coulon,[(b)] Graf.(c) By electronic fund transfer;
5;[(c)] (d) By direct deposit with written authorization of the employee to banks of the employee's choice;
Rep.[(d)] (e) By a payroll card provided that the employer shall provide to the employee at least one free means to withdraw up to and including the full amount of the employee balance in the employee's payroll card or payroll card account during each pay period at a financial institution or other location convenient to the place of employment.
Soti, Rock.
35 COMMITTEE:
Labor, Industrial and Rehabilitative Services ───────────────────────────────────────────────────────────────── ANALYSIS This bill allows employers to pay the weekly or biweekly wages due to employees in gold or silver.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Explanation:
Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.] Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
HB 1246 - AS INTRODUCED 24-2205 10/08 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty Four AN ACT relative to allowing for payment of wages in gold or silver.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Payment of Wages;
Weekly or Biweekly;
Gold or Silver Added.
Amend RSA 275:43, I(d) - (e) to read as follows:
(d) By a payroll card provided that the employer shall provide to the employee at least one free means to withdraw up to and including the full amount of the employee balance in the employee's payroll card or payroll card account during each pay period at a financial institution or other location convenient to the place of employment.
[or]or (e)[(e)] (f) With checks on a financial institution convenient to the place of employment where suitable arrangements are made for the cashing of such checks by employees for the full amount of the wages due;
provided, however, that if an employer elects to pay employees as specified in subparagraphs (b), (c), or[or] (d), or (e), the employer shall offer employees the option of being paid as specified in subparagraph (e),[(e)] (f), and further provided that all wages in the nature of health and welfare fund or pension fund contributions required pursuant to a health and welfare fund trust agreement, pension fund trust agreement, collective bargaining agreement, or other agreement adopted for the benefit of employees and agreed to by the employer shall be paid by every such employer within 30 days of the date of demand for such payment, the payment to be made to the administrator or other designated official of the applicable health and welfare or pension trust fund;fund.
orAmend (f)the Withbill goldby orinserting silver.after section 1 the following and renumbering the original section 2 to read as 3.
Amendment to HB 1246 - Page 2 Effective- Date.2 Payment of Wages By Check;
ThisCivil actPenalty. shall take effect 60 days after its passage.
Amend RSA 273:11-a(b) to read as follows:
(b) Payment of wages by checks on a financial institution that is not convenient to the place of employment as required by RSA 275:43, I[(e)](f).