Bill > HB2131

This bill establishes a comprehensive regulatory framework for earned income access services in Oregon, requiring businesses that provide these services to obtain a license from the Director of the Department of Consumer and Business Services. The bill defines earned income access services as providing residents with payments equivalent to unpaid compensation from their employers, and it sets forth detailed requirements for obtaining and maintaining a license, including background checks, financial responsibility assessments, and ongoing reporting obligations. Licensees must follow strict consumer protection guidelines, such as providing clear disclosures about fees, offering at least one no-cost payment option, and prohibiting deceptive practices like charging excessive fees (capped at $7 per transaction) or reporting residents to credit agencies. The bill empowers the director to investigate complaints, impose civil penalties up to $2,500 per violation, and take enforcement actions like cease and desist orders or license revocation. The licensing requirement will become operative on January 1, 2026, with a 180-day grace period for existing businesses to apply for a license. The primary goal is to protect residents by ensuring that earned income access service providers operate transparently, fairly, and with adequate oversight.

Business and Industry

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2131