| (a) State payroll paycard.
(1) The comptroller may enter into a contract to offer
state employee payroll payment using a paycard, an approved type of
EFTS payment under §5.12(c) of this title (relating to Processing
Payments through Electronic Funds Transfers).
(2) A paycard may be issued to a state employee that
provides access to payroll funds deposited to a designated account
at a domestic financial institution.
(b) Paycards are subject to Regulation E.
(c) Paycard account deposits.
(1) The state paycard account may only be used for
state payroll deposits initiated by the comptroller for a specific
state employee.
(2) A state employee may not use the paycard account
for any deposit other than deposits of payroll payments.
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