House Bill 4395
117th Congress(2021-2022)
Payment Choice Act of 2021
Introduced
Introduced in House on Jul 9, 2021
Origin Chamber
House
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
4395
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 House votes have been held for this bill.
Summary
Payment Choice Act of 2021
This bill requires retail businesses to accept cash as a form of payment for sales in amounts 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.
July 9, 2021
Sort by most recent
05/17/2022
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.
05/17/2022
Committee Consideration and Mark-up Session Held.
07/09/2021
Referred to the House Committee on Financial Services.
07/09/2021
Introduced in House
Public Record
Record Updated
Dec 31, 2022 5:07:20 AM