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Retail Business Must Accept Cash

Concerning a requirement that retail establishments accept United States currency for purchases.
2021 Regular Session
Business & Economic Development
Financial Services & Commerce
Bill Summary

The act requires retail establishments that offer goods or services to accept United States currency (cash) to purchase the goods or services, but does not apply to:

  • Establishments that do not have an individual accepting payment in person;
  • Establishments that provide a device to convert cash into a prepaid card with no fee and a minimum balance of no more than one dollar;
  • A transaction in which a security deposit is placed on a credit card or in which a credit card number is provided to cover unforeseen damages or expenses; and
  • A bank or credit union.

A violation is a class 2 petty offense punishable by a fine of up to $250. The act applies to offenses committed on or after the effective date of this act.

(Note: This summary applies to this bill as enacted.)


Became Law


Bill Text

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details