Colorado Garnishment Changes As Per House Bill 19-1189
(Doc ID 2738391.1)
Last updated on JUNE 08, 2021
Applies to:
Oracle HRMS (US) - Version 12.1 HRMS RUP13 and laterInformation in this document applies to any platform.
Symptoms
On : 12 version, Wage Attachments/Garnishments
ACTUAL BEHAVIOR
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Colorado Garnishment currently uses 75% of disposable is Exempt or 30 times Federal Minimum Wage
EXPECTED BEHAVIOR
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Colorado Garnishment law is changing effective 01-OCT-2020. Should be 80% of disposable is Exempt and 40 times Federal Minimum Wage. Expect Oracle to deliver the new garnishment rules for Colorado
LEGISLATION
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https://leg.colorado.gov/bills/hb19-1189
"The issue can be reproduced at will with the following steps:
Under current law, the amount of an individual's disposable earnings subject to garnishment is either 25% of the individual's disposable weekly earnings or the amount by which an individual's disposable earnings for a week exceed 30 times the state or federal minimum wage, whichever is less. The act changes the amount subject to garnishment to 20% of the individual's disposable weekly earnings 40 times the amount by which an individual's disposable earnings for a week exceed the state or federal minimum wage."
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |