HB 25-1020 CO
Earned-Wage Access Service Provider
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Summary
The bill prohibits an entity from providing earned-wage access services without a license on and after January 1, 2026. Earned-wage access services are services that: Deliver consumer access to earned but unpaid income; and Provide consumer access to earned but unpaid income that is based on employment, income, or attendance data obtained directly or indirectly from an employer or an employer's payroll service provider.(Note: This summary applies to this bill as introduced.)
Sponsors (4)
- Sean Camacho Democratic · primary
- Monica Duran Democratic · primary
- Lisa Frizell Republican · primary
- Kyle Mullica Democratic · primary
Action history (4)
- Feb 27, 2025 House Committee on Finance Postpone Indefinitely · lower
- Feb 24, 2025 House Committee on Finance Witness Testimony and/or Committee Discussion Only · lower
- Jan 30, 2025 House Committee on Business Affairs & Labor Refer Amended to Finance · lower
- Jan 8, 2025 Introduced In House - Assigned to Business Affairs & Labor · lower
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