S 1984 · 118th Congress · Finance and Financial Sector
Payment Choice Act of 2023
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2023-06-14)
Plain Language Summary
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Payment Choice Act of 202 3 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.…
Summarized by Claude AI · Non-partisan · For informational purposes only