Payment Choice Act of 2021
United States117th CongressHR-4395House of Representatives
Updated: May 17, 2022
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.
Bill texts
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Timeline
Latest companion bill action
S-4497: Payment Choice Act of 2022Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Referred to the House Committee on Financial Services.
House of Representatives
Committee Consideration and Mark-up Session Held.
House of Representatives
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.
House of Representatives
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