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2023 SESSION

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SB 1217 Earned wage access services; the Bureau of SCC to conduct stakeholder process.

Introduced by: T. Montgomery "Monty" Mason | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Financial institutions; earned wage access services; stakeholder process; report. Directs the Bureau of Financial Institutions of the State Corporation Commission to convene a stakeholder process regarding the provision or offering of earned wage access services that includes representatives from providers of earned wage access services, consumer advocates, and the Office of the Attorney General. The bill requires the Bureau of Financial Institutions to report its findings and recommendations by November 1, 2023.


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