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Payment Choice Act of 2022
12/29/2022, 5:48 PM
Congressional Summary of S 4497
Payment Choice Act of 2022
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.
Read the Full Bill
Current Status of Bill S 4497
Bill S 4497 is currently in the status of Bill Introduced since June 23, 2022. Bill S 4497 was introduced during Congress 117 and was introduced to the Senate on June 23, 2022. Bill S 4497's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 23, 2022
Bipartisan Support of Bill S 4497
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4497
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 4497
Payment Choice Act of 2022
Payment Choice Act of 2022
A bill to prohibit retail businesses from refusing cash payments, and for other purposes.
Comments
Sponsors and Cosponsors of S 4497
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