Bills · 2025-2026 Regular Session
Relating to: correcting a cross-reference related to enforcement of regulations applicable to earned wage access service providers (suggested as remedial legislation by the Department of Financial Institutions).
Banking division of Financial institutions department of Statutes — Revision Wage
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill corrects a statutory cross-reference related to the enforcement authority of the Division of Banking (division) in the Department of Financial Institutions.
Under current law, the division licenses and regulates providers of earned wage access services. The division also licenses and regulates money transmitters.
The bill corrects a statutory cross-reference in a provision specifying that the division has the same power to conduct hearings, take testimony, and secure evidence in regulating earned wage access service providers that it has in regulating money transmitters.
For further information, see the
Notes
provided by the Law Revision Committee of the Joint Legislative Council.
Sponsors
Introduced by: Law Revision Committee
Full history
- Jan 27, 2026 · Senate
Introduced by Law Revision Committee
- Jan 27, 2026 · Senate
Read first time and referred to Committee on Senate Organization
- Jan 27, 2026 · Senate
Available for scheduling
- Mar 23, 2026 · Senate
Failed to pass pursuant to Senate Joint Resolution 1