Revised for 1st substitute: Concerning the regulation of earned wage access services.

Where it is in the process

Plain-English Summary

This bill establishes regulations for businesses offering "earned wage access services," which allow people to access wages they've already earned before their payday. Companies providing these services would need a license from the state, pay fees, and maintain a surety bond. The bill also sets limits on the fees these companies can charge consumers and requires them to report data on their transactions.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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