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Committee unanimously clears bill to regulate earned‑wage access providers

2333096 · February 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee adopted substitutes and approved HB 279, a regulatory framework requiring registration of earned‑wage access providers, fee disclosure, and consumer protections; amendments clarified wording and one minor amendment passed with a single dissent on a grammatical change.

A House committee unanimously adopted a substitute and passed House Bill 279, creating a state regulatory framework for earned‑wage access (EWA) providers that let workers access wages already earned before payday.

A sponsor presented the bill as a consumer‑protection and innovation measure and said it recognises EWA as a distinct financial product that is not a loan. A representative of DailyPay, Ryan Naples, told the…

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