Bill > HB448

This bill, titled the "Consumer Payment Choice Act," enacts a new part of the Louisiana Revised Statutes that requires retail businesses in the state to accept cash as a form of payment for in-person transactions up to $500. The bill defines key terms like "cash," "cashless retail transaction," and "retail business," and it prohibits retailers from charging higher prices for cash payments or requiring consumers to use cash-to-card conversion machines that charge fees. The bill provides some exceptions, such as for banks, credit unions, and situations where a retailer is temporarily unable to accept cash. The Attorney General's office is tasked with enforcing the law and issuing penalties for noncompliance. The bill aims to ensure consumer choice in payment methods, protect consumer privacy, and promote economic growth by safeguarding access to goods and services for cash-reliant consumers.

Business and Industry

https://www.legis.la.gov/legis/BillInfo.aspx?s=24rs&b=HB448&sbi=y