Bill
Bill > HF4298
MN HF4298
MN HF4298Cashless establishments prohibited, civil penalty provided, and administrative rulemaking authorized.
summary
Introduced
02/26/2024
02/26/2024
In Committee
02/26/2024
02/26/2024
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to consumer protection; prohibiting certain cashless establishments; providing a civil penalty; authorizing administrative rulemaking; proposing coding for new law in Minnesota Statutes, chapter 325F.
AI Summary
This bill prohibits food stores and retail establishments in Minnesota from refusing to accept cash payments from consumers, except for certain limited exceptions. The bill defines key terms like "cash," "consumer commodity," and "retail establishment." It prohibits these businesses from charging higher prices to consumers who pay in cash compared to those who pay with cashless transactions. The bill also requires businesses to provide on-site devices that convert cash into prepaid cards with minimal or no fees. Violations of the bill's provisions can result in civil penalties up to $1,000 for the first violation and $1,500 for each subsequent violation. The bill is set to take effect on January 1, 2025.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduction and first reading, referred to Commerce Finance and Policy (on 02/26/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF4298&ssn=0&y=2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF4298&version=0&session=ls93&session_year=2024&session_number=0&format=pdf |
Loading...