S. 1984 · 118th Congress · Senate

Payment Choice Act of 2023

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Jun 14, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. JUN 14, 2023IntroReferral

    Introduced in Senate

  2. JUN 14, 2023IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committees

1

Banking, Housing, and Urban Affairs Committee

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Referred: Jun 14, 2023

Active