Commerce committee advances bill to regulate earned-wage access providers
The House Commerce Committee reported House Bill 368 as amended to set consumer protections for earned-wage access services, including bans on interest and late fees, a required free payout option and annual reporting to the Office of Financial Institutions.
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The House Commerce Committee on an unspecified date reported House Bill 368, authored by Representative Saint Blanc, as amended to establish statutory guardrails for consumer-directed earned-wage access (EWA) services in Louisiana.
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