Washington SB5328 regulates earned wage access services, requiring licenses and setting standards for providers.

Washington SB5328, known as the Washington state earned wage access services act, establishes regulations for businesses offering earned wage access services. The bill mandates that providers obtain a license from the Department of Financial Institutions. It outlines specific duties for the director, including issuing licenses, conducting investigations, and imposing sanctions for violations.

Washington SB5328 regulates earned wage access services, requiring licenses and setting standards for providers.

Washington SB5328, known as the Washington state earned wage access services act, establishes regulations for businesses offering earned wage access services. The bill mandates that providers obtain a license from the Department of Financial Institutions. It outlines specific duties for the director, including issuing licenses, conducting investigations, and imposing sanctions for violations.