HR. 1138In Committee
Payment Choice Act of 2025
Require retail businesses to accept cash for in person sales of $500 or less and bar higher prices for cash paying customers, with limited exceptions and enforcement rules
Plain-English overview
What this bill does
Require retail businesses to accept cash for in person sales of $500 or less and bar higher prices for cash paying customers, with limited exceptions and enforcement rules
Key points
- Require cash acceptance
- Prohibit higher cash prices
- Authorize civil penalties
- Allow prepaid card devices
Current status
Where it stands
Status
In Committee
Latest action
2025-02-07 — Referred to the House Committee on Financial Services.
Related context
Topics and policy areas
undefinedFinance and Financial Sector