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TN HB1873

TN HB1873
AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 18, relative to payments by consumers.


summary

Introduced
01/20/2022
In Committee
01/26/2022
Crossed Over
Passed
Dead
02/16/2022

Introduced Session

112th General Assembly

Bill Summary

As introduced, prohibits a person selling or offering for sale goods or services at retail from requiring a buyer to pay using credit; requires a person selling or offering for sale goods or services at retail to accept legal tender when offered by the buyer as payment; violations treated as prohibited practice under Tennessee Consumer Protection Act of 1977. - Amends TCA Title 47, Chapter 18.

AI Summary

This bill prohibits businesses selling goods or services at retail from requiring customers to pay using credit cards and mandates that they accept legal tender (cash) as payment. Any violations would be treated as a prohibited practice under the Tennessee Consumer Protection Act of 1977. The bill is set to take effect on July 1, 2022.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Failed in s/c Banking & Consumer Affairs Subcommittee of Commerce Committee (on 02/16/2022)

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