ACCEPTANCE OF CASH PAYMENTS

Creates the Retail Cash Payment Act. Provides that a retail mercantile establishment selling or offering to sell goods or services to the public that employs an individual to accept in-person payments at a physical location shall not: (1) refuse to accept cash as a form of payment for sales of less than $500 made at the physical location; or (2) post a sign on the premises stating that cash payment is not accepted. Provides for exceptions to the requirement. Provides that the provisions do not require a person to accept any bills larger than $20 bills as payment for goods or services. Provides that a violation of the provisions is a petty offense and provides for fines. Establishes a 30-day period to cure a violation before a fine may be imposed. Preempts home rule. Effective January 1, 2028.

Status

Passed

Signed or otherwise enacted

Status date

Jul 31, 2026

104 days ago

Current chamber

House of Representatives

Session

2025-2026 Regular Session