Relating to: earned wage access services.

AB 1025 sets maximum fees for earned wage access (EWA) services, which allow workers to receive early access to earned wages from employers. It limits fees to $5 for advances of $75 or less and $7.50 for larger advances, with automatic 5-year adjustments based on the U.S. consumer price index starting in 2030. The bill also clarifies that EWA services provided by licensed providers are exempt from certain existing financial regulations. This directly affects EWA providers and workers who use these services, creating a standardized fee structure and regulatory clarity.