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WI SB1028

Bill

Status

Introduced

2/17/2026

Primary Sponsor

Rob Stafsholt

Click for details

Origin

Senate

2025-2026 Regular Session

AI Summary

  • Caps delivery or expedited delivery fees for earned wage access (EWA) providers at $5 for advances of $75 or less, and $7.50 for advances over $75

  • Requires the Division of Financial Institutions to adjust these fee caps for inflation every five years beginning January 1, 2030, based on the U.S. consumer price index

  • Exempts licensed EWA providers from portions of the Wisconsin Consumer Act, married persons' credit transaction rules, and debt collection regulations

  • Amends Wisconsin Statutes sections 203.04 and creates new section 203.09

Legislative Description

Earned wage access services.

Last Action

Read first time and referred to Committee on Financial Institutions and Sporting Heritage

2/17/2026

Committee Referrals

Financial Institutions and Sporting Heritage2/17/2026

Full Bill Text

No bill text available