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

HB 2086, the Oklahoma Earned Wage Access Services Act, proposes regulations for companies that allow workers to access earned but unpaid wages before their regular payday. It directly affects Oklahoma workers (defined as residents) and providers of these services, such as apps or employers offering early wage access. Key provisions require providers to clearly disclose all fees, offer at least one free access option, allow easy cancellation without fees, protect consumer data, and handle tips as voluntary. The bill also prohibits sharing employment data without consent and mandates compliance with federal electronic fund transfer laws. This legislation is currently pending in the Oklahoma House Business Committee.