Retail Stores: Requirement to Accept Cash
A house committee must act next: committee consideration.
The bill has strong bipartisan support from both parties, which helps its chances. However, many bills like this struggle to get a final vote in the Senate.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Retailers and other brick-and-mortar sellers must accept cash for purchases up to $500 and cannot charge cash customers more than card customers, which limits their ability to pass along card-processing costs or move to cashless operations. Businesses face possible civil suits, damages, and fines up to $1,500 per violation if they refuse cash without qualifying for an exception like a system outage or lack of change.
“shall accept cash as a form of payment for sales made at such physical location in amounts up to and including $500 per transaction”
Referred to the House Committee on Financial Services.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
No votes or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Payment Choice Act of 2025
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