2012 -- H 7314 AS AMENDED

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

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A N A C T

RELATING TO LABOR AND LABOR RELATIONS - PAYMENT OF WAGES

     Introduced By: Representatives Hearn, Marcello, Tomasso, and Ruggiero

     Date Introduced: February 01, 2012

     Referred To: House Labor

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 28-14-2.2 of the General Laws in Chapter 28-14 entitled "Payment

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of Wages" is hereby amended to read as follows:

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     28-14-2.2. Frequency of payment. -- (a) Except as provided in sections 28-14-4 and 28-

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14-5, every employee other than employees of the state and its political subdivisions and of

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religious, literary, or charitable corporations shall be paid weekly all due wages from his or her

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employer, except those employees whose compensation is fixed at a biweekly, semi-monthly,

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monthly, or yearly rate.

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      (b) The director may, upon written petition showing good and sufficient reason, permit

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the employer and its affiliates to pay wages less frequently than weekly provided: (1) The

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employer or one or more of its affiliates is in the financial services or investment advisory

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business; (2) (1) The employer and its affiliates have more than two thousand (2,000) two

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thousand five hundred (2500) employees located in Rhode Island; (3) (2) The employer's average

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payroll exceeds one hundred twenty-five percent (125%) one hundred thirty-five percent (135%)

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of the average compensation of all employees in the state as defined in subsection 42-64.11-2(c);

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(4) (3) The employer makes payment of wages regularly on a predesignated date no less than

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twice per month; and (5) (4) The employer provides proof of a surety bond or other sufficient

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demonstration of security in the amount of the highest biweekly payroll exposure in the preceding

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year for the employees subject to the petition.

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SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO LABOR AND LABOR RELATIONS - PAYMENT OF WAGES

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     This act would allow employers in any industry to petition the department of labor and

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training for permission to pay its employees less frequently than weekly, provided the employer

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has satisfied existing statutory requirements.

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     This act would take effect upon passage.

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LC00916

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