This bill enacts the Earned Wage Access Services Act.
This bill:
- defines terms;
- enacts provisions related to earned wage access services, including provider registration and renewal;
- provides conditions for an earned wage access service provider to be exempt from state lender, money transmission, or debt collection requirements;
- directs the Division of Consumer Protection to administer and enforce the Earned Wage Access Services Act; and
- makes technical and conforming changes.
Statutes affected: Substitute #1: 13-2-1
Introduced: 13-2-1