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ARTICLE · 09 MAY 2024

Kansas Enacts Earned Wage Access Law

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On April 19, less than a month after Wisconsin, Kansas has followed suit by enacting comprehensive earned wage access legislation. Kansas' law is set to take effect immediately upon publication.

United StatesFinance and Banking
A.J. Dhaliwal
A.J. Dhaliwal
Mehul Madia
Mehul Madia
Beineng Zhang
Beineng Zhang
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On April 19, less than a month after Wisconsin, Kansas has followed suit by enacting comprehensive earned wage access legislation. Kansas' law is set to take effect immediately upon publication.

The law creates an annual registration requirement for any individual or entity who offers an EWA product. EWA providers must register with the Kansas State Bank Commissioner, the state's financial services regulator.

In addition to the licensing requirements, the law has the following provisions:

  • Non-recourses basis. All proceeds and fees are treated as non-recourse payment obligations.
  • Fee disclosures. EWA providers must (i) "fully and clearly disclose all fees" associated with the EWA services and (ii) "clearly and conspicuously describe how the consumer may obtain proceeds at no cost."

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