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WI SB1028
Bill
Status
Introduced
2/17/2026
Primary Sponsor
Rob Stafsholt
Click for details
AI Summary
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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
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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
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Exempts licensed EWA providers from portions of the Wisconsin Consumer Act, married persons' credit transaction rules, and debt collection regulations
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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