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Payment Choice Act of 2022

USA117th CongressS-4497| Senate 
| Updated: 6/23/2022
Robert Menendez

Robert Menendez

Democratic Senator

New Jersey

Cosponsors (1)
Kevin Cramer (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Payment Choice Act of 202 2 This bill requires retail businesses to accept cash as a form of payment for on-site sales of 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.
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Timeline

Bill from Previous Congress

S 116-4145
Payment Choice Act of 2020
May 17, 2022

Latest Companion Bill Action

HR 117-4395
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.
Jun 23, 2022
Introduced in Senate
Jun 23, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-4145
    Payment Choice Act of 2020


  • May 17, 2022

    Latest Companion Bill Action

    HR 117-4395
    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.


  • June 23, 2022
    Introduced in Senate


  • June 23, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Commerce

Related Bills

  • HR 117-4395: Payment Choice Act of 2021
  • HR 117-2543: Financial Services Racial Equity, Inclusion, and Economic Justice Act

Payment Choice Act of 2022

USA117th CongressS-4497| Senate 
| Updated: 6/23/2022
Payment Choice Act of 202 2 This bill requires retail businesses to accept cash as a form of payment for on-site sales of 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-4145
Payment Choice Act of 2020
May 17, 2022

Latest Companion Bill Action

HR 117-4395
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.
Jun 23, 2022
Introduced in Senate
Jun 23, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-4145
    Payment Choice Act of 2020


  • May 17, 2022

    Latest Companion Bill Action

    HR 117-4395
    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.


  • June 23, 2022
    Introduced in Senate


  • June 23, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Robert Menendez

Robert Menendez

Democratic Senator

New Jersey

Cosponsors (1)
Kevin Cramer (Republican)

Banking, Housing, and Urban Affairs Committee

Commerce

Related Bills

  • HR 117-4395: Payment Choice Act of 2021
  • HR 117-2543: Financial Services Racial Equity, Inclusion, and Economic Justice Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted