Amends consumer credit collection practices to exempt certain earned wage access services from regulation.

The bill amends the definition of "regulated person" to exclude those licensed under the earned wage access services act from collection agency regulation. This exemption applies to collection efforts carried out in the employer's name. The amendment takes effect only if House Bill No. 5558 is enacted into law.

Amends consumer credit collection practices to exempt certain earned wage access services from regulation.

The bill amends the definition of "regulated person" to exclude those licensed under the earned wage access services act from collection agency regulation. This exemption applies to collection efforts carried out in the employer's name. The amendment takes effect only if House Bill No. 5558 is enacted into law.