July 20, 2023
Nevada Governor Signs First-in-the-Nation Earned Wage Access Legislation, Clearing the Way for an Expanded, Equitable Financial System
Nevada Governor Joe Lombardo signed into law SB 290, which codifies welcome regulatory guidance for earned wage access providers operating in the state.
“Earned Wage Access (EWA) products are crucial for expanding financial access and inclusion. Thanks to the leadership of Nevada Senate Majority Leader Cannizzaro, Assembly Majority Leader Jauregui, supportive members across the legislature, and Gov. Lombardo,” said Ram Palaniappan, EarnIn CEO. “Nevada is leading by example to provide tangible progress on workers’ rights. Now, workers can continue to safely access their pay after having already worked as needed. This is a win for the many great residents of Nevada.”
Millions of households are empowered by EWA every day. With EWA, workers can take control of their finances through smoothing out the gaps in pay cycles, using their own earnings when they need them, lessening the likelihood of dependence on debt-based alternatives.
EarnIn is a financial technology company, not a bank. Bank products are issued by Evolve Bank & Trust, Member FDIC. The EarnIn Card is issued pursuant to a license from Visa USA Inc.