Payment Choice Act of 2023
- Last Action
- 6/14/2023
Actions
- 2023-06-14Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-06-14Introduced in Senate
CRS Summary
As of 2023-06-14 (00)
Payment Choice Act of 2023
This bill requires retail businesses to accept cash as a form of payment for on-site sales of $500 or less, and it prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash. Businesses covered by this bill are those engaged in the business of selling or offering goods or services at retail to the public that accept in-person payments at a physical location.
The bill provides for enforcement through preventative relief, damages, and civil penalties.
Cosponsors (1)
- Kevin Cramer (R-ND)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.