To ensure that United States currency is treated as legal tender to be accepted as payment for purchases of goods and services at brick-and-mortar businesses throughout the United States, and for other purposes.
About This Bill
Committee
Latest Action · June 14, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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.
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