An Act relating to wage payments; and providing for an effective date.

SB 79 amends Alaska's wage payment laws to establish clear rules for employers using payroll cards. It requires employers to get employee consent before depositing wages into a payroll card account and to provide detailed disclosures about fees, free access methods, and account terms. The bill mandates that payroll cards must offer at least one free weekly withdrawal, free balance checks via phone or online, and no fees for basic account setup, card issuance, or wage transfers. This directly affects Alaskan employers and workers who receive wages via payroll cards, ensuring greater transparency and preventing excessive fees while requiring account insurance.