TX SB3000

Classifies earned wage advances (cash advances based on accrued but unpaid wages) as loans under Texas Finance Code, subjecting them to consumer lending regulations

Requires providers to assess a consumer's ability to repay the advance and any other known obligations before issuing an earned wage advance

Caps fees at the lesser of 10% of advance amounts or $10 total per 30-day period, including both voluntary and required charges

Prohibits providers from filing lawsuits, using third-party collectors, selling debts, charging late fees or interest, or reporting non-repayment to credit agencies

Mandates providers reimburse consumers for overdraft fees caused by premature collection attempts within 48 hours of notification, with effective date of September 1, 2025