Labor; Oklahoma Earned Wage Access Services Act; definitions; requirements; prohibitions; effective date.

HB 2086, the "Oklahoma Earned Wage Access Services Act," regulates companies that allow workers to access earned but unpaid wages before their regular payday. It directly affects Oklahoma workers using these services and the companies (providers) offering them, such as apps or platforms that provide early access to wages. Key provisions require providers to clearly disclose all fees, offer at least one free option for accessing earned wages, allow easy cancellation without fees, and handle tips or donations transparently. The law also mandates compliance with privacy laws and protects consumers from bank fees when repaying providers through electronic transfers.