Senate Bill 4497
117th Congress(2021-2022)
Payment Choice Act of 2022
Introduced
Introduced in Senate on Jun 23, 2022
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4497
Congress
117
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
June 23, 2022
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06/23/2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
06/23/2022
Introduced in Senate
Public Record
Record Updated
Dec 29, 2022 5:48:33 PM