I 
118TH CONGRESS 
2D SESSION 
H. R. 7428 
To regulate the business of offering and providing earned wage access services 
to consumers, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 20, 2024 
Mr. STEIL (for himself and Mr. HILL) introduced the following bill; which was 
referred to the Committee on Financial Services 
A BILL 
To regulate the business of offering and providing earned 
wage access services to consumers, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Earned Wage Access 
Consumer Protection Act’’. 
SEC. 2. DEFINITIONS. 
In this Act: 
(1) BUREAU.—The term ‘‘Bureau’’ means the 
Bureau of Consumer Financial Protection. 
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(2) CONSUMER.—The term ‘‘consumer’’ means 
a natural person. 
(3) CONSUMER-DIRECTED WAGE ACCESS SERV-
ICES.—The term ‘‘consumer-directed wage access 
services’’ means offering or providing earned wage 
access services directly to consumers based on the 
consumer’s representations and the provider’s rea-
sonable determination of the consumer’s earned but 
unpaid income. 
(4) DEBT COLLECTOR.—The term ‘‘debt col-
lector’’ has the meaning given that term under sec-
tion 803 of the Fair Debt Collection Practices Act 
(15 U.S.C. 1692a). 
(5) EARNED BUT UNPAID INCOME.—The term 
‘‘earned but unpaid income’’ means salary, wages, 
compensation, or other income that a consumer or 
an employer has represented, and that a provider 
has reasonably determined, have been earned or 
have accrued to the benefit of the consumer in ex-
change for the consumer’s provision of services to 
the employer or on behalf of the employer, including 
on an hourly, project-based, piecework, or other 
basis and including where the consumer is acting as 
an independent contractor of the employer, but have 
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not, at the time of the payment of proceeds, been 
paid to the consumer by an employer. 
(6) EARNED
WAGE
ACCESS
SERVICES.—The 
term ‘‘earned wage access services’’ means the busi-
ness of providing consumer-directed wage access 
services or employer-integrated wage access services, 
or both at the request of an employee. 
(7) EMPLOYER.— 
(A) IN GENERAL.—The term ‘‘employer’’ 
means a person who— 
(i) employs a consumer; or 
(ii) any other person who is contrac-
tually obligated to pay a consumer earned 
but unpaid income in exchange for the con-
sumer’s provision of services to the em-
ployer or on behalf of the employer, includ-
ing on an hourly, project-based, piecework, 
or other basis and including where the con-
sumer is acting as an independent con-
tractor with respect to the employer. 
(B) EXCLUSION.—The term ‘‘employer’’ 
does not include— 
(i) a customer of an employer or any 
other person whose obligation to make a 
payment of salary, wages, compensation, or 
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