The bill amends the existing law regulating the payment of wages and fringe benefits to employees by adding a new section, 18a. This section specifies that the provisions of the act do not apply to earned wage access services that are provided in accordance with the earned wage access services act. This change clarifies the scope of the law, ensuring that earned wage access services are exempt from the regulations outlined in the act.

Additionally, the bill includes a stipulation that it will not take effect unless House Bill No. 5558 is enacted into law. This conditional enactment ensures that the amendments made by this bill are contingent upon the passage of related legislation, thereby linking the two bills in their implementation.

Statutes affected:
House Introduced Bill: 408.471, 408.490