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2023-2024 Session

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H.87

An act relating to regulating earned wage access services

Rep. Michael Marcotte , Rep. James Carroll , Rep. Stephanie Jerome , Rep. Emma Mulvaney-Stanak , Rep. Logan Nicoll , Rep. Monique Priestley , Rep. Kirk White
House Committee on Commerce and Economic Development
1/24/2023 - Read first time and referred to the Committee on Commerce and Economic Development
Sponsor(s)
Location
House Committee on Commerce and Economic Development
Last Recorded Action
House 1/24/2023 - Read first time and referred to the Committee on Commerce and Economic Development
Bill/Resolution Text

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An act relating to regulating earned wage access services

Detailed Status

Regular Session 2023-2024
Body Date Journal Calendar Location Full Status
An act relating to regulating earned wage access services

Roll Call History

Regular Session 2023-2024
Body Date Journal Location Full Status

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Although procedurally bills and resolutions are assigned to only one committee at a time, other committees may review the bill or resolution. This page contains results from both the assigned committee as well as other committees.

An act relating to regulating earned wage access services

Committee Meetings

Regular Session 2023-2024
Meeting Date Committee
An act relating to regulating earned wage access services

Meeting Full List

Regular Session 2023-2024
Tuesday, January 31, 2023
Committee(s):
House Committee on Commerce and Economic Development
1:00 PM

H.87 - An act relating to regulating earned wage access services

Introduction and walk-through

Rep. Michael Marcotte, Sponsor
David Hall, Legislative Counsel, Office of Legislative Counsel
Ben LaRocco, Senior Director of Government Relations, Earnin
Matt McMahon, Lobbyist, MMR
Molly Jones, Vice President of Government Affairs, Payactiv
Ryan Naples, Senior Manager of Public Policy, DailyPay
3:00 PM

H.87 - An act relating to regulating earned wage access services

Aaron Ferenc, Interim Deputy Commissioner of Banking, Department of Financial Regulation
Ethan McLaughlin, Assistant General Counsel, Department of Financial Regulation
Emily Kisicki, Director of Policy, Department of Financial Regulation
4:05 PM

H.87 - An act relating to regulating earned wage access services

Aaron Ferenc, Interim Deputy Commissioner of Banking, Department of Financial Regulation
Emily Kisicki, Director of Policy, Department of Financial Regulation
Joseph Bergeron, President, Association of Vermont Credit Unions
Chris D'Elia, President, Vermont Bankers' Association

Friday, February 10, 2023
Committee(s):
House Committee on Commerce and Economic Development
1:00 PM

H.87 - An act relating to regulating earned wage access services

David Hall, Legislative Counsel, Office of Legislative Counsel
Ethan McLaughlin, Assistant General Counsel, Department of Financial Regulation

Tuesday, February 14, 2023
Committee(s):
House Committee on Commerce and Economic Development
2:00 PM

H.87 - An act relating to regulating earned wage access services

David Hall, Legislative Counsel, Office of Legislative Counsel
Ben LaRocco, Senior Director of Government Relations, Earnin
Jane Levine, Chief Compliance Officer, DailyPay

Tuesday, March 14, 2023
Committee(s):
House Committee on Commerce and Economic Development
4:00 PM

H.87 - An act relating to regulating earned wage access services

Walk-through of new draft

David Hall, Legislative Counsel, Office of Legislative Counsel
Ethan McLaughlin, Assistant General Counsel, Department of Financial Regulation
Aaron Ferenc, Interim Deputy Commissioner of Banking, Department of Financial Regulation
Ryan Naples, Senior Manager of Public Policy, DailyPay
Jane Levine, Chief Compliance Officer, DailyPay
Ben LaRocco, Senior Director of Government Relations, Earnin
Molly Jones, Vice President of Government Affairs, Payactiv
Alain Xiong-Calmes, Director of State and Local Policy, Chamber of Progress
Lauren Saunders, Associate Director, National Consumer Law Center
Monica Burks, Policy Counsel, Center for Responsible Lending
-

H.87 - An act relating to regulating earned wage access services

Committee discussion
Mark-up and possible vote


An act relating to regulating earned wage access services

Witnesses Who Testified

Regular Session 2023-2024
House Committee on Commerce and Economic Development
  • Joseph Bergeron, President, Association of Vermont Credit Unions
  • Monica Burks, Policy Counsel, Center for Responsible Lending
  • Chris D'Elia, President, Vermont Bankers' Association
  • Aaron Ferenc, Interim Deputy Commissioner of Banking, Department of Financial Regulation
  • David Hall, Legislative Counsel, Office of Legislative Counsel
  • Molly Jones, Vice President of Government Affairs, Payactiv
  • Emily Kisicki, Director of Policy, Department of Financial Regulation
  • Ben LaRocco, Senior Director of Government Relations, Earnin
  • Jane Levine, Chief Compliance Officer, DailyPay
  • Rep. Michael Marcotte, Sponsor
  • Ethan McLaughlin, Assistant General Counsel, Department of Financial Regulation
  • Matt McMahon, Lobbyist, MMR
  • Ryan Naples, Senior Manager of Public Policy, DailyPay
  • Lauren Saunders, Associate Director, National Consumer Law Center
  • Alain Xiong-Calmes, Director of State and Local Policy, Chamber of Progress

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Fiscal notes and materials available on this web page are provided for informational purposes only, and may not comprise all materials received by the Vermont Legislature or the final fiscal information related to a specific bill.  The Legislature is not responsible for the accuracy of any information in these materials, and their posting does not constitute approval or endorsement by the Legislature.

No fiscal documents found for H.87 in the Regular Session 2023-2024.
No committee of conference members found for H.87 in the Regular Session 2023-2024.
An act relating to regulating earned wage access services

Committee of Conference Meetings

Regular Session 2023-2024
Meeting Date Committee
An act relating to regulating earned wage access services

Committee of Conference Meeting Full List

Regular Session 2023-2024
No committee of conference meeting history found for H.87 in the Regular Session 2023-2024.
No committee of conference report found for H.87 in the Regular Session 2023-2024.

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Act

No act information found for H.87 in the Regular Session 2023-2024.

Staff & Other Information

Staff
David Hall, Legislative Counsel

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