Published 4-4-2026
Summary
The law caps the fee a worker can be charged for an earned‑wage advance at $5 for amounts up to $75 and $7.50 for larger advances, with the caps adjusted for inflation every five years. It also says that licensed earned‑wage access providers that follow this new chapter are not subject to a long list of other state financial statutes. The measure aims to protect workers from excessive fees while giving compliant providers regulatory certainty.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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