Modifies the definition of financial licensing acts to include the Earned Wage Access Services Act.

This bill amends the definition of "financial licensing acts" to include the Earned Wage Access Services Act. This change ensures that the Earned Wage Access Services Act is recognized under the broader category of financial licensing acts, aligning it with other financial services regulated by the Consumer Financial Services Act. The bill also includes definitions for key terms such as "commissioner," "control person," "depository financial institution," and "licensee." The amendment will take effect only if House Bill No. 5558 is enacted into law.

Modifies the definition of financial licensing acts to include the Earned Wage Access Services Act.

This bill amends the definition of "financial licensing acts" to include the Earned Wage Access Services Act. This change ensures that the Earned Wage Access Services Act is recognized under the broader category of financial licensing acts, aligning it with other financial services regulated by the Consumer Financial Services Act. The bill also includes definitions for key terms such as "commissioner," "control person," "depository financial institution," and "licensee." The amendment will take effect only if House Bill No. 5558 is enacted into law.