,,ib ,union ,cal5d> ,no4 #fej #aah?     
,,congress  #b;d ,session  ,h4 ,r4 #gdbh
 ,report ,no4 #aah-ghg ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,febru>y #bj1     
#bjbd,mr4 ,/eil 7= himself & ,mr4 ,hill7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  
to ! ,committee on ,f9ancial ,s]vices   
,decemb] #c1 #bjbd;,additional sponsors3
 ,mr4 ,donalds1 ,mr4 ,meus]1 ,mr4 ,b>r1 
,mr4 ,luetkemey]1 & ,mr4 ,sessions      
,decemb] #c1 #bjbd,report$ ) an am5dm5t1
 committ$ to ! ,committee ( ! ,:ole     
,h\se on ! ,/ate ( ! ,union1 & ord]$ to 
be printed,strike out all aft] ! enact+ 
clause & ins]t ! "p pr9t$ 9 italic,for  
text ( introduc$ bill1 see copy ( bill z
 introduc$ on ,febru>y #bj1 #bjbd  ,a   
,,bill  ,to regulate ! bus9ess ( (f]+ & 
provid+ e>n$ wage access s]vices to     
consum]s1 & = o!r purposes4  #a4 ,%ort  
title ,?is ,act may be cit$ z ! ,e>n$   
,wage ,access ,consum] ,protection ,act4
  #b4 ,e>n$ wage access s]vices  7a7    
,provision ( e>n$ wage access s]vices   
7#a7 ,no-co/ option requir$ ,if an e>n$ 

wage access provid] (f]s a consum] !    
option to receive e>n$ wages 9 ex*ange =
 a fee1 su* e>n$ wage access provid]    
%all also (f] su* consum] ! option to   
obta9 ! same am\nt ( e>n$ wages at no   
co/ to ! consum]4  7#b7 ,requir$        
disclosures  7,a7 ,disclosures prec$+   
agreem5t ,ea* e>n$ wage access provid]  
%all disclose ! foll[+ be=e ent]+ into  
an agreem5t ) a consum]3 7i7 ,any limits
 on ! am\nt ( e>n$ wages a cu/om] may   
reque/ f su* provid]1 includ+-- 7,i7 any
 limits on ! am\nt ( e>n$ wages a       
consum] may reque/ f ! provid] ea* day2 
7,,ii7 any limits on ! am\nt ( e>n$     
wages a consum] may reque/ f ! provid]  
ea* pay p]iod2 &  7,,iii7 any limits on 
! am\nt ( e>n$ wages a consum] may      
reque/ f ! provid] t are bas$ on a      
det]m9ation by ! provid] ( ! ratio      
betwe5 ! am\nt ( e>n$ wages reque/$ by !
 consum] & ! total wages e>n$ by !      
consum]1 & h[ su* det]m9ation is made4  
7ii7 ,any fees t su* provid] may apply1 
& ! am\nt ( su* fees1 includ+ fees      

relat+ to exp$it$ disbursem5t &         
subscriptions4  7iii7 ,a description (  
h[ ! consum] may obta9 e>n$ wages )\t   
pay+ a fee4  7iv7 ,an ov]view ( su*     
provid]'s use ( volunt>y paym5ts t      
describes-- 7,i7 :e!r su* provid] w     
accept volunt>y paym5ts f ! consum] & 9 
:at am\nts2 &  7,,ii7 :e!r su* provid] w
 sugge/ ! consum] provide volunt>y      
paym5ts & 9 :at am\nts4  7,b7           
,disclosures prec$+ approval ( reque/   
,ea* e>n$ wage access provid] %all      
disclose ! foll[+ aft] approv+ any      
reque/ f a consum] = access to e>n$     
wages b be=e disburs+ su* e>n$ wages to 
su* consum]3 7i7 ,! acc\nt numb] su*    
provid] has assign$ to ! consum]1 if    
applicable4  7ii7 ,! am\nt ( e>n$ wages 
t w be provid$ to ! consum] by su*      
provid]4  7iii7 ,! total am\nt ( any    
fees appli$ by su* provid]4  7iv7 ,a li/
 ( any volunt>y paym5ts ! consum] has   
agre$ to provide4  7v7 ,! am\nt t su*   
provid] int5ds to collect z repaym5t    
aft] disburs+ ! e>n$ wages1 ! date on   

:i* su* provid] int5ds to collect su*   
am\nt or a description ( :5 su* provid] 
int5ds to collect su* am\nt1 & ! mann] 9
 :i* su* provid] int5ds to collect su*  
am\nt4  7,c7 ,additional disclosures    
relat+ to volunt>y paym5ts ,if an e>n$  
wage access provid] solicits1 *>ges1 or 
receives a volunt>y paym5t f a consum]1 
su* provid]-- 7i7 %all cle>ly &         
conspicu\sly disclose to ! consum]1 be=e
 ! provid] comm5ces ! transaction to :i*
 ! volunt>y paym5t is relat$1 t su*     
volunt>y paym5t-- 7,i7 is volunt>y2     
7,,ii7 is n a requirem5t = receiv+ e>n$ 
wage access s]vices2 &  7,,iii7 w n     
impact ! frequ5cy ) :i* su* e>n$ wages  
are disburs$ to su* consum]2 &  7ii7 may
 n /ate t su* volunt>y paym5t w b5efit  
any specific individual4  7,d7 ,*anges  
to t]ms ,ea* e>n$ wage access provid]   
%all notify ea* consum] ) :i* su* e>n$  
wage access provid] has ent]$ an        
agreem5t to (f] e>n$ wage access s]vices
 ( any mat]ial *anges to ! t]ms &       
conditions ( s]vice us$ by su* provid] n

 less ?an #cj days be=e su* mat]ial     
*anges take effect4  7,e7 ,regulations  
,! ,bureau %all1 n less ?an #ahj days   
aft] ! date ( ! enactm5t ( ?is section1 
issue rules t gov]n ! =m & mann] 9 :i* !
 disclosures describ$ 9 ?is section are 
provid$ to consum]s4  7#c7 ,cancellation
 ( s]vices ,if an e>n$ wage access      
provid] makes e>n$ wage access s]vices  
available to a consum] on a recurr+     
basis1 su* e>n$ wage access provid]--   
7,a7 %all all[ su* consum] to discont9ue
 su* s]vices if su* consum] provides    
reasonable notice to su* e>n$ wage      
access provid] t su* consum] desires to 
discont9ue su* s]vices2 &  7,b7 may n   
impose any f9ancial p5alty on su*       
consum] z a result ( any discont9uation 
( s]vices4  7#d7 ,dispute process       
requir$ ,ea* e>n$ wage access provid]   
%all develop & implem5t policies &      
proc$ures to respond to que/ions &      
compla9ts f consum]s relat+ to-- 7,a7   
unau?oriz$ disbursem5t ( e>n$ wages2    
7,b7 disbursem5t ( e>n$ wages 9 an      

incorrect am\nt2  7,c7 disburs$ e>n$    
wages t 7 n receiv$2  7,d7 repaym5t (   
disburs$ e>n$ wages t is n receiv$ or 0 
made 9 an incorrect am\nt2 &  7,e7      
volunt>y paym5ts t 7 n au?oriz$ or 7    
made 9 an incorrect am\nt4  7#e7        
,compell+ repaym5t ( disburs$ wages     
7,a7 ,9 g5]al ,an e>n$ wage access      
provid] may n seek repaym5t ( e>n$ wages
 disburs$ to a consum] by su* provid]   
by-- 7i7 fil+ a civil suit2  7ii7       
initiat+ arbitration proce$+s2  7iii7   
us+ ! s]vices ( a debt collector 7z su* 
t]m is def9$ 9 section #hjc ( ! ,fair   
,debt ,collection ,practices ,act72 or  
7iv7 sell+ ! rights to ! repaym5t ( !   
disburs$ e>n$ wages to a ?ird-p>ty debt 
buy]4  7,b7 ,exceptions ,subp>agraph    
7,a7 %all n apply if an e>n$ wage access
 provid] is-- 7i7 seek+ repaym5t ( e>n$ 
wages disburs$ to a consum] bas$ on     
in=mation provid$ by ! consum] t !      
consum] knew 0 false2 or  7ii7 pursu+ ! 
employ] ( ! consum] to :i* su* provid]  
disburs$ e>n$ wages = brea* ( its       

contractual obligations to ! provid]4   
7#f7 ,reimbursem5t requir$ ,if an e>n$  
wage access provid] seeks repaym5t (    
disburs$ e>n$ wages1 paym5t ( a fee1 or 
a volunt>y paym5t directly f a deposit  
acc\nt ( a consum]1 on an incorrect date
 or 9 an incorrect am\nt1 & su* attempt 
trigg]s an ov]draft fee or non-suffici5t
 funds fee f ! f9ancial in/itution ( !  
consum]1 ! e>n$ wage access provid] %all
 reimburse su* consum] = su* fee4  7#g7 
,additional limitations ,an e>n$ wage   
access provid] may n-- 7,a7 %>e any     
fees1 tips1 gratuities1 or o!r donations
 t 7 receiv$ f or *>g$ to a consum] =   
e>n$ wage access s]vices ) ! employ] (  
su* consum]2  7,b7 accept paym5t ( fees 
or volunt>y paym5ts f a consum] ?\gh a  
cr$it c>d ( ! consum]1 unless su* cr$it 
c>d is provid$ to ! consum] z a "p ( !  
e>n$ wage access s]vice2 or  7,c7       
require a consum] to pay a late fee1    
def]ral fee1 int]e/1 or any o!r p5alty  
or *>ge z a result ( a failure by !     
consum] to pay a fee1 tip1 gratuity1 or 

o!r donation reque/$ or appli$ by su*   
provid]4  7#h7 ,disclosure to ,employ]  
,an e>n$ wage access provid] may        
disclose1 to an employ] ) :i* su*       
provid] has a contract relat+ to e>n$   
wage access s]vices1 only su* in=mation 
ab\t e>n$ wage access s]vices us$ by    
consum]s :o are employees ( su* employ] 
z is necess>y = su* e>n$ wage access    
provid] to recov] disburs$ wages4  7#i7 
,non-discrim9ation ,x %all be unlawful =
 any e>n$ wage access provid] to        
discrim9ate aga9/ any consum] on ! basis
 ( race1 color1 religion1 national      
orig91 sex1 pregnancy1 m>ital /atus1 or 
age :5 (f]+ e>n$ wage access s]vices4   
7b7 ,rulemak+ ,! ,bureau may issue su*  
rules z ! ,bureau det]m9es appropriate  
to c>ry out ?is section4  7c7           
,def9itions ,9 ?is section3 7#a7 ,bureau
 ,! t]m ,bureau means ! ,bureau (       
,consum] ,f9ancial ,protection4  7#b7   
,consum] ,! t]m consum] means a natural 
p]son4  7#c7 ,e>n$ wages  7,a7 ,9 g5]al 
,! t]m e>n$ wages means sal>y1 wages1   

comp5sation1 or o!r income t a consum]  
or an employ] has repres5t$ & t an e>n$ 
wage access provid] has reasonably      
det]m9$ h be5 e>n$ or h accru$ to !     
b5efit ( ! consum] 9 ex*ange = ! s]vices
 provid$ by ! consum]1 b t h n yet be5  
paid to ! consum] by an employ]4  7,b7  
,s]vices provid$ ,s]vices provid$ by !  
consum] to ! employ] include any s]vices
 provid$-- 7i7 on an h\rly1             
project-bas$1 piecework1 or o!r basis2  
or  7ii7 :5 ! consum] is act+ z a       
contractor ( ! employ]4  7#d7 ,e>n$ wage
 access s]vices ,! t]m e>n$ wage access 
s]vices means ! deliv]y ( e>n$ wages to 
a consum] bas$ on-- 7,a7 employm5t1     
income1 or att5dance data provid$ by !  
employ] ( su* consum] or a payroll      
s]vice v5dor contract$ by ! employ] (   
su* consum]2 or  7,b7 repres5tations    
made by ! consum] & ! reasonable        
det]m9ation ( ! e>n$ proce$s ( su*      
consum] by an e>n$ wage access provid]4 
7#e7 ,e>n$ ,wage ,access ,provid]  7,a7 
,9 g5]al ,! t]m e>n$ wage access provid]

 means a p]son :o provides e>n$ wage    
access s]vices to consum]s4  7,b7       
,exclusions ,! t]m e>n$ wage access     
provid] does n include-- 7i7 a p]son :o 
is n obligat$ to provide access to e>n$ 
wages z "p ( an e>n$ wage access s]vice2
  7ii7 an employ] t (f]s a portion (    
sal>y1 wages1 or comp5sation e>n$ by a  
consum] directly to su* consum] prior to
 a normally s*$ul$ pay date2  7iii7 a   
f9ancial in/itution t p]mits a consum]  
to access am\nts associat$ ) an         
electronic fund transf] f ! employ] ( ! 
consum] = :i* ! f9ancial in/itution has 
receiv$ in=mation b :i* has n yet       
settl$2 or  7iv7 a payroll s]vice v5dor 
t facilitates paym5ts to a consum] (    
wages e>n$ by su* consum]4  7#f7        
,payroll s]vice v5dor ,! t]m payroll    
s]vice v5dor means a v5dor contract$ by 
an employ] to facilitate paym5t (       
employee wages 9 accordance ) ,f$]al1   
,/ate1 & local law1 includ+ ! ,fair     
,labor ,/&>ds ,act ( #aich4  7#g7       
,volunt>y paym5t ,! t]m volunt>y paym5t 

means any paym5t volunt>ily made by a   
consum] to an e>n$ wage access provid]  
:5 access+ e>n$ wage s]vices1 includ+ a 
tip1 gratuity1 or donation4  7d7 ,rule (
 con/ruction ,volunt>y paym5ts & any    
fees paid by a consum] to an e>n$ wage  
access provid] may n be con/ru$ to be a 
f9ance *>ge z su* t]m is def9$ 9 ! ,tru?
 9 ,l5d+ ,act4  #c4 ,con=m+ am5dm5ts    
,section #ajc ( ! ,tru? 9 ,l5d+ ,act    
7#ae ,u4,s4,c4 #afjb7 is am5d$-- 7#a7 9 
subsection 7f71 by /rik+ def] its paym5t
 & ins]t+ def] its paym5t1 b does n     
include e>n$ wage access s]vices z def9$
 9 ! ,e>n$ ,wage ,access ,consum]       
,protection ,act2 &  7#b7 9 subsection  
7g71 by add+ at ! end ! foll[+3 ,! t]m  
cr$itor does n include e>n$ wage access 
provid]s z su* t]m is def9$ 9 ! ,e>n$   
,wage ,access ,consum] ,protection      
,act44  ,decemb] #c1 #bjbd,report$ ) an 
am5dm5t1 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$