IN HB1125 | 2025 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Engrossed on February 11 2025 - 50% progression
Action: 2025-02-11 - Referred to the Senate
Text: Latest bill text (Comm Sub) [PDF]

Summary

Earned wage access services. Establishes within the Indiana Code a new chapter, to be known as the Indiana Earned Wage Access Act (Act), governing the offering and provision of earned wage access services to Indiana consumers. Provides that the Act is to be administered by the division of consumer credit within the department of financial institutions (department). Sets forth provisions that address the following: (1) Definitions of terms. (2) Exemptions from the Act's requirements. (3) The department's supervisory authority under the Act. (4) The licensing of providers of earned wage access services (providers). (5) The acquisition of control of a licensee. (6) Reporting and record keeping requirements for licensees. (7) Duties of providers under the Act. (8) Prohibited acts by providers. (9) The department's enforcement authority under the Act. (10) Criminal liability for certain prohibited acts. (11) Statutory construction of the Act's provisions. Makes conforming changes to sections of the Indiana Code codified outside the Act.

Tracking Information

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Title

Earned wage access services.

Sponsors


Roll Calls

2025-02-10 - House - House - Third reading (Y: 70 N: 18 NV: 8 Abs: 4) [PASS]

History

DateChamberAction
2025-02-11HouseReferred to the Senate
2025-02-10HouseThird reading: passed; Roll Call 109: yeas 70, nays 18
2025-02-10HouseSenate sponsor: Senator Walker K
2025-02-06HouseSecond reading: ordered engrossed
2025-02-04HouseCommittee report: amend do pass, adopted
2025-01-08HouseFirst reading: referred to Committee on Financial Institutions
2025-01-08HouseAuthored by Representative Teshka
2025-01-08HouseCoauthored by Representatives Lehman and Miller K

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2025/bills/house/1125/details
Texthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/HB1125.01.INTR.pdf
Texthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/HB1125.02.COMH.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-amendments/drafts/AM112501.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-amendments/drafts/AM112507.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-amendments/drafts/AM112506.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-amendments/drafts/AM112504.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-amendments/drafts/AM112503.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-amendments/amendments/HB1125.01.INTR.AMH07.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-amendments/amendments/HB1125.01.INTR.AMH06.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/fiscal-notes/HB1125.01.INTR.FN001.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/votesheets/HB1125.01.INTR.06.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/committee-reports/HB1125.01.INTR.CRH001.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/fiscal-notes/HB1125.02.COMH.FN001.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/fiscal-notes/HB1125.02.COMH.FN002.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/fiscal-notes/HB1125.02.COMH.FN003.pdf
Roll Callhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1125/rollcalls/HB1125.109_H.pdf

Bill Comments

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