Exempts certain earned wage access services from the money transmission services act.

This bill amends the money transmission services act to exempt certain earned wage access services from the act's requirements. Specifically, it excludes entities providing these services under the earned wage access services act from the definition of money transmitter. The exemption is contingent upon the enactment of House Bill No. 5558.

Exempts certain earned wage access services from the money transmission services act.

This bill amends the money transmission services act to exempt certain earned wage access services from the act's requirements. Specifically, it excludes entities providing these services under the earned wage access services act from the definition of money transmitter. The exemption is contingent upon the enactment of House Bill No. 5558.