summary
Introduced
02/29/2024
02/29/2024
In Committee
02/29/2024
02/29/2024
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 certain retail establishments, including food stores, from refusing to accept cash payments from consumers, with some exceptions. It defines key terms like "cash," "consumer commodity," and "retail establishment." The bill allows retail establishments to refuse cash payments for transactions over $20 or for remote transactions, and requires them to provide a device that allows customers to convert cash into a prepaid card with no fees or minimum deposit. The bill also prohibits charging higher prices for cash payments and imposes civil penalties for violations. The bill is set to take effect on January 1, 2025.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Referred to Commerce and Consumer Protection (on 02/29/2024)
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://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF4419&ssn=0&y=2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF4419&version=0&session=ls93&session_year=2024&session_number=0&format=pdf |
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