Bill
Bill > H0662
ID H0662
ID H0662Amends existing law to require sellers to accept cash as a method of payment along with any other accepted methods of payment.
summary
Introduced
02/17/2022
02/17/2022
In Committee
02/18/2022
02/18/2022
Crossed Over
Passed
Dead
03/31/2022
03/31/2022
Introduced Session
2022 Regular Session
Bill Summary
SALES -- Amends existing law to require sellers to accept cash as a method of payment along with any other accepted methods of payment.
AI Summary
This bill amends existing law to require sellers who engage in in-person retail transactions in the state to accept cash as a method of payment, in addition to any other accepted payment methods. The bill provides an exception, stating that no business is required to accept cash for a single transaction exceeding $10,000. The term "retail transaction" is defined to mean a transaction conducted in-person, excluding any telephone, mail, or internet-based transactions. The bill also includes an emergency clause, stating that it will take effect on and after July 1, 2022.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue and Taxation Committee (H)
Last Action
Reported Printed and Referred to Revenue & Taxation (on 02/18/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2022/legislation/H0662/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2022/legislation/H0662.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2022/legislation/H0662SOP.pdf |
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