H.R. 4395 · 117th Congress · House

Payment Choice Act of 2021

Active· Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.
Introduced
Jul 9, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Payment Choice Act of 2021

This bill requires retail businesses to accept cash as a form of payment for sales in amounts less than $2,000, and it prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash. Such businesses 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 and civil penalties.

Action Timeline

5
  1. MAY 17, 2022Committee

    Committee Consideration and Mark-up Session Held.

  2. MAY 17, 2022Committee

    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.

    32Yea
    17Nay
    0NV
  3. JUL 09, 2021IntroReferral

    Introduced in House

  4. JUL 09, 2021IntroReferral

    Introduced in House

  5. JUL 09, 2021IntroReferral

    Referred to the House Committee on Financial Services.

Committees

2

Financial Services Committee

hsba00

Referred: May 17, 2022

Active

Financial Services Committee

hsba00

Referred: Jul 9, 2021

Active