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TN SB2615

TN SB2615
AN ACT to amend Tennessee Code Annotated, Title 9 and Title 47, Chapter 18, relative to payments by consumers.


summary

Introduced
01/31/2024
In Committee
Crossed Over
Passed
Dead
04/25/2024

Introduced Session

113th General Assembly

Bill Summary

As introduced, prohibits a person selling or offering for sale goods or services at retail, and who employs at least six employees, from requiring a buyer to pay using credit for in-person transactions; 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 a prohibited practice under the Tennessee Consumer Protection Act of 1977. - Amends TCA Title 9 and Title 47, Chapter 18.

AI Summary

This bill prohibits businesses with at least 6 employees from requiring customers to use credit for in-person transactions, and instead requires them to accept legal tender (cash) as payment. Violations of this law would be treated as unfair or deceptive practices under the Tennessee Consumer Protection Act. The bill would take effect on July 1, 2024.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Assigned to General Subcommittee of Senate Commerce and Labor Committee (on 03/12/2024)

bill text


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