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Bill > HB2798
TN HB2798
TN HB2798AN ACT to amend Tennessee Code Annotated, Title 9 and Title 47, Chapter 18, relative to payments by consumers.
summary
Introduced
01/31/2024
01/31/2024
In Committee
02/05/2024
02/05/2024
Crossed Over
Passed
Dead
03/05/2024
03/05/2024
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 in Tennessee that employ at least six employees from requiring customers to pay using credit for in-person transactions. It requires these businesses to accept legal tender (cash) as payment. Violations of this law would be treated as unfair or deceptive acts under the Tennessee Consumer Protection Act and subject to associated penalties. The bill would take effect on July 1, 2024.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Sponsor(s) Added. (on 03/06/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB2798&ga=113 |
| Fiscal Note - HB2798 | https://www.capitol.tn.gov/Bills/113/Fiscal/HB2798.pdf |
| BillText | https://www.capitol.tn.gov/Bills/113/Bill/HB2798.pdf |
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