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Bill

HB 1063

Establishing a new chapter for the licensing and regulation of businesses providing earned wage access services.

2025-2026 Regular Session Introduced by April Connors and 7 co-sponsors

Washington HB 1063 licenses and regulates earned wage access service providers to establish consumer protections and operational standards for workers accessing prepaid wages.

Referred to Appropriations.
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WeVote Research Nonpartisan
Bill Summary · HB 1063

Legislative bill overview

HB 1063 creates a new regulatory framework in Washington State for businesses that offer earned wage access (EWA) services—financial products allowing workers to access portions of their earned wages before regular payday. The bill establishes licensing requirements, operational standards, and consumer protections for EWA providers.

Why is this important

Earned wage access is a growing financial service used by millions of workers seeking short-term liquidity between paychecks, potentially offering an alternative to payday loans or overdraft fees. Establishing clear regulations can protect vulnerable workers from predatory practices while allowing legitimate businesses to operate, though how these rules are designed significantly affects worker affordability and access.

Potential points of contention

  • Fee structure and affordability: Disagreement over whether proposed regulations adequately cap or regulate fees charged for EWA services, which could determine if the product remains genuinely accessible or becomes prohibitively expensive for low-income workers
  • Consumer protection vs. market flexibility: Tension between those wanting strict disclosure requirements and limits on EWA provider practices versus those concerned that heavy regulation could eliminate the service entirely or push providers out of state
  • Definition and scope: Debate over what qualifies as an EWA service versus other financial products, which determines which businesses fall under the licensing requirement and regulatory burden

Compiled from official sources — confirm details with the bill’s official record.

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