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16A.131 Deductions for United States securities, transit cards.

Subdivision 1. Federal securities. An employee may direct the payroll officer of the employing agency, in writing, to deduct stated amounts from the employee's pay to buy federal securities. The commissioner shall see that the deduction from the employee's pay is made on the payroll abstract. The commissioner shall approve one warrant payable to the treasurer for the total amount deducted on the payroll abstract. Deductions from the pay of an employee paid direct by an agency shall be made by the employee's paying authority. The authority shall send a warrant or check for the amount of the deductions to the treasurer payable to the treasurer. With it must go a list of the names of employees with the amount deducted for each. The treasurer shall pay out the amount deposited, when authorized by the governor by state warrant payable to the proper federal authority or to the directing employee, as the case may require.

Subd. 2. Transit cards. An employee may direct the commissioner, in writing, to deduct a stated amount from the employee's pay to buy mass transit ridership cards. The commissioner shall deposit the amount in the special account authorized by section 16B.58, subdivision 7.

HIST: 1951 c 678 s 1; 1980 c 614 s 56; 1984 c 544 s 89; 1984 c 628 art 2 s 1; art 6 s 1; 1984 c 654 art 2 s 60

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Revisor of Statutes