OH HB648

Enacts new sections 4113.90-4113.93 of the Revised Code to regulate payroll card accounts as a method of employee compensation alongside direct deposit.

Requires employers to obtain written or electronic authorization from employees before paying compensation via payroll card account and prohibits making payroll cards a condition of employment.

Mandates that payroll card accounts must be FDIC or NCUA insured, allow at least one free withdrawal per pay period for the full net compensation amount, provide free balance inquiries, and include one free replacement card annually.

Prohibits employers from charging employees fees for payroll card application, issuance, compensation transfers, point-of-sale purchases, and inactivity, while allowing third-party and merchant fees.

Requires employers to provide employees clear notice of all wage payment options and methods to access compensation without fees, and to honor employee requests to switch from payroll cards to direct deposit within fourteen days.