Require the Acceptance of Cash for In-person Retail Transactions
| Category: | General Business |
|---|---|
| Status: | Defeated |
| Sponsor: | Representative Kathleen Dillingham, House 72 |
| Session: | 130 |
| Bill #: | LD 1217 |
Position:
Opposed.
UPDATE: The Committee voted along party lines, 7-5 Ought Not to Pass.
UPDATE: The House accepted the majority Ought Not to Pass report. The Senate voted 20-15 Ought Not to Pass. Here's the roll call.
Summary:
Representative Dillingham of Oxford submits a bill by request that would require a person offering goods or services for sale at retail in person to accept cash and prohibits the person from accepting payment only by an electronic method. These provisions do not apply to transactions conducted remotely by telephone, mail or the Internet.