S 1984
118th Congress
Senate
Finance and Financial Sector
Payment Choice Act of 2023
Introduced: June 14, 2023
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 14, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 14, 2023
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1