Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
029 - BUREAU OF FINANCIAL INSTITUTIONS
Chapter 143 - MULTIPLE OF THE STATE OR FEDERAL MINIMUM WAGE
Section 029-143-IV - GENERAL PROVISIONS
Current through 2024-38, September 18, 2024
Limitations on Garnishment of Earnings for Pay Periods Other Than a Week
The maximum part of the aggregate disposable earnings of an individual for any pay period other than a week that is subjected to garnishment to enforce payment of a judgment arising from a consumer credit transaction may not exceed:
A. Twenty-five percent of the individual's disposable earnings for that pay period;
B. For those employees paid for a two week period, the amount by which the individual's disposable earnings exceed 40 times the federal minimum hourly wage or State minimum hourly wage, whichever is higher, in effect at the time the earnings are payable, multiplied by 2;
C. For those employees paid monthly, the amount by which the disposable earnings exceed 40 times the federal minimum hourly wage or State minimum hourly wage, whichever is higher, in effect at the time the earnings are payable, multiplied by 4 1/3; or
D. For those employees paid twice monthly, the amount by which the disposable earnings exceed 40 times the federal minimum hourly wage or State minimum hourly wage, whichever is higher, in effect at the time the earnings are payable, multiplied by 4 1/3 and then divided by 2.
