republic-os/legislation/us/states/in/2025/hb-1125.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Earned wage access services.	Provides that under certain circumstances, a lender may contract for and receive a nonrefundable prepaid finance charge of 3% (instead of 2%, under current law) of the loan amount on a loan that is secured by an interest in land and is not made under a revolving loan account. Provides that under certain circumstances, a lender may contract for and receive a nonrefundable prepaid finance charge of 3% (instead of 2%, under current law) of the line of credit on a loan that is secured by an interest in land and is made under a revolving loan account. Provides that: (1) if a joint agreement of merger is approved by the department of financial institutions, any credit union whose existence will terminate as a result of the merger shall submit the joint agreement to a vote of its shareholders as directed by the resolution of the board of directors; and (2) a majority of shareholders voting may approve the joint agreement. Establishes within the Indiana Code a new chapter, to be known as the Indiana Earned Wage Access Act (Act), governing the offering and provision of earned wage access services to Indiana consumers. Provides that the Act is to be administered by the division of consumer credit within the department of financial institutions (department). Sets forth provisions that address the following: (1) Definitions of terms. (2) Exemptions from the Act's requirements. (3) The department's supervisory authority under the Act. (4) The licensing of providers of earned wage access services (providers). (5) The acquisition of control of a licensee. (6) Reporting and record keeping requirements for licensees. (7) Duties of providers under the Act. (8) Prohibited acts by providers. (9) The department's enforcement authority under the Act. (10) Criminal liability for certain prohibited acts. (11) Statutory construction of the Act's provisions. Makes conforming changes to sections of the Indiana Code codified outside the Act.	us/states/in	Indiana General Assembly	2025	HB 1125	Indiana HB 1125 (2025)	bill	AGENCIES; Department of Financial Institutions (DFI) FINANCIAL SERVICES; Loans and Mortgages TRADE REGULATIONS; Consumer Credit and Consumer Protection (Including the Uniform Consumer Credit Code (UCCC)) TRADE REGULATIONS; Pay Day Lenders and Small Loans	enacted	Jake Teshka Kyle Walker Scott Baldwin	4	33	4	2025-01-08	2025-05-06	openstates	ocd-bill/b4e84a98-396f-4457-9724-802502058307	https://api.iga.in.gov/2025/bills/hb1125	d6f066767b252e55a66a077b4b5427cbf680e79b2723f0516367ddabafa5c979	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-in

Indiana HB 1125 (2025) — Earned wage access services.

Provides that under certain circumstances, a lender may contract for and receive a nonrefundable prepaid finance charge of 3% (instead of 2%, under current law) of the loan amount on a loan that is secured by an interest in land and is not made under a revolving loan account. Provides that under certain circumstances, a lender may contract for and receive a nonrefundable prepaid finance charge of 3% (instead of 2%, under current law) of the line of credit on a loan that is secured by an interest in land and is made under a revolving loan account. Provides that: (1) if a joint agreement of merger is approved by the department of financial institutions, any credit union whose existence will terminate as a result of the merger shall submit the joint agreement to a vote of its shareholders as directed by the resolution of the board of directors; and (2) a majority of shareholders voting may approve the joint agreement. Establishes within the Indiana Code a new chapter, to be known as the Indiana Earned Wage Access Act (Act), governing the offering and provision of earned wage access services to Indiana consumers. Provides that the Act is to be administered by the division of consumer credit within the department of financial institutions (department). Sets forth provisions that address the following: (1) Definitions of terms. (2) Exemptions from the Act's requirements. (3) The department's supervisory authority under the Act. (4) The licensing of providers of earned wage access services (providers). (5) The acquisition of control of a licensee. (6) Reporting and record keeping requirements for licensees. (7) Duties of providers under the Act. (8) Prohibited acts by providers. (9) The department's enforcement authority under the Act. (10) Criminal liability for certain prohibited acts. (11) Statutory construction of the Act's provisions. Makes conforming changes to sections of the Indiana Code codified outside the Act.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Enrolled House Bill (H) (committee substitute) — source
2. House Bill (H) (committee substitute) — source
3. House Bill (S) (committee substitute) — source
4. Introduced House Bill (H) (committee substitute) — source

Votes

• HB 1125 - Walker K — 44–1 (pass) · upper
• HB 1125 - Teshka - 3rd Reading — 70–18 (pass) · lower
• HB 1125 - Walker K - 3rd Reading — 48–1 (pass) · upper
• HB 1125 - Teshka — 67–26 (pass) · lower

Sponsors

• Jake Teshka — primary (person)
• Kyle Walker — primary (person)
• Scott Baldwin — primary (person)
• Kyle Miller — coauthor (person)
• Lonnie Randolph — cosponsor (person)
• Matt Lehman — coauthor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2025-01-08 First reading: referred to Committee on Financial Institutions reading-1, referral-committee
• 2025-01-08 Authored by Representative Teshka
• 2025-01-08 Coauthored by Representatives Lehman and Miller K
• 2025-02-04 Committee report: amend do pass, adopted committee-passage
• 2025-02-06 Second reading: ordered engrossed reading-2
• 2025-02-10 Senate sponsor: Senator Walker K
• 2025-02-10 Third reading: passed; Roll Call 109: yeas 70, nays 18 passage, reading-3, reading-3
• 2025-02-11 Referred to the Senate referral
• 2025-02-20 First reading: referred to Committee on Insurance and Financial Institutions reading-1, referral-committee
• 2025-04-10 Senator Baldwin added as second sponsor
• 2025-04-10 Committee report: amend do pass, adopted committee-passage
• 2025-04-10 Senator Randolph added as cosponsor
• 2025-04-14 Second reading: ordered engrossed reading-2
• 2025-04-15 Third reading: passed; Roll Call 431: yeas 48, nays 1 passage, reading-3, reading-3
• 2025-04-16 Motion to dissent filed filing
• 2025-04-16 Returned to the House with amendments receipt
• 2025-04-17 House dissented from Senate amendments
• 2025-04-17 Senate conferees appointed: Walker K and Qaddoura
• 2025-04-17 Senate advisors appointed: Randolph Lonnie M and Baldwin
• 2025-04-17 House advisors appointed: Lehman, Lucas, Lauer and Andrade
• 2025-04-17 House conferees appointed: Teshka and Miller K
• 2025-04-22 Senator Baldwin removed as advisor
• 2025-04-22 Senator Baldwin added as conferee
• 2025-04-22 Senator Qaddoura removed as conferee
• 2025-04-23 CCR # 1 filed in the House filing
• 2025-04-23 CCR # 1 filed in the Senate filing
• 2025-04-23 Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 530: yeas 67, nays 26
• 2025-04-23 Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 500: yeas 44, nays 1
• 2025-05-06 Public Law 222 became-law
• 2025-04-29 Signed by the President of the Senate passage
• 2025-05-06 Signed by the Governor executive-signature
• 2025-04-24 Signed by the President Pro Tempore passage
• 2025-04-24 Signed by the Speaker passage

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b4e84a98-396f-4457-9724-802502058307. Confidence: reported (aggregated from official Indiana legislature records).