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NC H20

NC H20
Cash Commitment Act


summary

Introduced
01/25/2023
In Committee
06/12/2023
Crossed Over
05/04/2023
Passed
Dead
12/13/2024

Introduced Session

2023-2024 Session

Bill Summary

AN ACT TO PROHIBIT RETAIL BUSINESSES AND HEALTH CARE PROVIDERS FROM REFUSING CASH PAYMENTS.

AI Summary

This bill, known as the Cash Commitment Act, aims to ensure that consumers have the right to use cash for in-person payments at retail businesses and healthcare providers. It prohibits these establishments from refusing cash payments, and they cannot charge cash-paying customers a higher price compared to customers using other payment methods. The bill outlines several exceptions, such as when a business is unable to accept cash due to a system failure or lack of change, or when goods are sold from a vending machine or through delivery. The Secretary of Commerce is granted rulemaking authority and the ability to impose civil penalties of up to $500 per violation for non-compliance. The bill is set to take effect on October 1, 2023.

Committee Categories

Business and Industry, Government Affairs, Health and Social Services

Sponsors (22)

Last Action

Re-ref to Health Care. If fav, re-ref to Commerce and Insurance. If fav, re-ref to Rules and Operations of the Senate (on 06/12/2023)

bill text


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