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Legislation · Colorado · 2025A

HB 25-1020: Earned-Wage Access Service Provider

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.)

Latest recorded action

House Committee on Finance Postpone Indefinitely

Feb 27, 2025

This is the latest action supplied by the source, not the full legislative history.

Read the official text and history ↗

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