HB1125: A BILL FOR AN ACT to amend the Indiana Code concerning financial institutions.

Page last updated: Sunday, April 20, 2025 at 7:30 PM (America/Indianapolis).

General Information

• Stage: House Bill (H)
• Current Chamber: house
• Origin Chamber: house
• Description: Earned wage access services.

Legislators

Actions (21 total)

• Apr 17, 2025, 10:45 AM: Senate advisors appointed: Randolph Lonnie M and Baldwin
• Apr 17, 2025, 10:44 AM: Senate conferees appointed: Walker K and Qaddoura
• Apr 17, 2025, 6:16 AM: House advisors appointed: Lehman, Lucas, Lauer and Andrade
• Apr 17, 2025, 6:15 AM: House conferees appointed: Teshka and Miller K
• Apr 17, 2025, 6:11 AM: House dissented from Senate amendments
• Apr 16, 2025, 11:52 AM: Motion to dissent filed
• Apr 16, 2025, 5:56 AM: Returned to the House with amendments
• Apr 15, 2025, 11:44 AM: Third reading: passed; Roll Call 431: yeas 48, nays 1
• Apr 14, 2025, 4:36 PM: Second reading: ordered engrossed
• Apr 10, 2025, 2:41 PM: Senator Randolph added as cosponsor
• Apr 10, 2025, 2:41 PM: Senator Baldwin added as second sponsor
• Apr 10, 2025, 9:42 AM: Committee report: amend do pass, adopted
• Feb 20, 2025, 4:14 AM: First reading: referred to Committee on Insurance and Financial Institutions
• Feb 11, 2025, 5:21 AM: Referred to the Senate
• Feb 10, 2025, 9:51 AM: Third reading: passed; Roll Call 109: yeas 70, nays 18
• Feb 10, 2025, 9:50 AM: Senate sponsor: Senator Walker K
• Feb 6, 2025, 6:18 AM: Second reading: ordered engrossed
• Feb 4, 2025, 11:25 AM: Committee report: amend do pass, adopted
• Jan 8, 2025, 6:34 AM: First reading: referred to Committee on Financial Institutions
• Jan 8, 2025, 6:34 AM: Authored by Representative Teshka
• Jan 8, 2025, 6:34 AM: Coauthored by Representatives Lehman and Miller K

Digest

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.