3/19/2024 Senate Committee on Banking and Financial Institutions

Banking and Financial Institutions Committee · March 19, 2024

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25:26

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25:00

Call to order and logistics

0:04 → 1:09(1m 5s)

Chair (unnamed) called the Banking and Financial Institutions meeting to order, explained time limits for public comment (2 minutes), and asked attendees to move to different mics because another committee was arriving. Chair invited Representative Rhodes to the front to present changes to the bill.

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The Banking and Financial Institutions committee held a public hearing on a substitute to House Bill 84 to regulate earned‑wage access products. Lawmakers and witnesses debated fee caps, a default tip setting and who should oversee the products; the committee voted 6–1 to advance the substitute to rules.

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Transcript

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