US HB2299

Establishes the Payroll Audit Independent Determination (PAID) program in the Department of Labor, allowing employers to voluntarily self-audit and remedy unintentional Fair Labor Standards Act violations for unpaid minimum wages or overtime compensation

Employers must submit applications including self-audit results, lists of affected employees, calculations of owed wages, and assurances they are not under investigation or litigation for the identified violations

Affected employees receive settlement offers with full back wages owed; accepting settlement waives the employee's private right of action for those violations, while declining preserves their legal rights

Employers are ineligible if they have been found to violate wage laws within the past 5 years, are currently under investigation, or have previously participated in the program for the same type of violation

Prohibits the Administrator from using denied application information in investigations, requires application approval within 30 days, and adds anti-retaliation protections for employees who accept or decline settlement offers