(a)Pay cards for state [State]
payroll, travel reimbursement, or retirement payments [
paycard].
(1)The comptroller may enter into a contract to offer
state employee payroll, travel reimbursement, or retirement
payments using pay cards [a paycard], an approved
type of EFTS payment under §5.12(c) of this title (relating to
Processing Payments through Electronic Funds Transfers).
(2)Pay cards [A paycard] may
be issued to a state employee or annuitant that provide [
provides] access to payroll, travel reimbursement, or
retirement payments [funds] deposited to a designated
account at a domestic financial institution.
(b)Pay cards [Paycards] are
subject to Regulation E.
(c)For payments made with [Paycard
account] deposits to pay card accounts.
(1)The comptroller [state paycard
account] may only deposit a [be used for]
state employee's state payroll and travel reimbursement
payments into [or retirement deposits initiated by the
comptroller for] a [specific] state payroll
and travel reimbursement pay card account [employee or
annuitant].
(2)The comptroller [A state employee]
may only [not use the paycard account for any]
deposit an annuitant's state retirement [other than deposits
of payroll] payments into a state retirement pay card account.
(3)If a state employee receives state payroll
or travel reimbursement payments, as well as state retirement payments,
the comptroller must deposit [An annuitant may not use]
the payments into the appropriate pay card [paycard]
account in accordance with paragraphs (1) and (2) of this subsection
[for any deposit other than deposits of retirement payments].
The agency certifies that legal counsel has
reviewed the proposal and found it to be within the state agency's
legal authority to adopt.
Filed with the Office
of the Secretary of State on August 18, 2022
TRD-202203096 Victoria
North
General Counsel for Fiscal and Agency Affairs
Comptroller of Public Accounts
Earliest possible date of adoption: October 2, 2022
For further information, please call: (512) 475-2220
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