Payroll card rules delayed until April 1, 2018

The Bureau of Consumer Financial Protection (CFPB) has issued a proposed rule to delay the effective date of the final payroll card rules that were issued on October 5, 2016, with an effective date of October 1, 2017. The proposed rule delays the effective date until April 1, 2018. See Payroll Guide ¶9520. (82 FR 13,782, March 15, 2017.)

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