Bill

Bill > H0024


VT H0024

VT H0024
An act relating to requiring retail businesses to accept cash


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to prohibit a retail business from refusing to accept cash payment.

AI Summary

This bill requires retail businesses in Vermont to accept cash as a valid payment method, prohibiting them from refusing cash transactions for goods or services. Specifically, the bill adds a new section to Vermont's legal code (9 V.S.A. § 2466d) that mandates sellers and lessors accept cash payments from consumers. If a business violates this requirement, they will be considered to have committed an unfair practice in commerce, which is subject to penalties under existing state commerce regulations. The bill is set to take effect on July 1, 2025, giving businesses time to adjust their payment policies. This legislation aims to ensure that consumers who rely on cash, such as those without bank accounts or credit cards, are not excluded from making purchases and can participate fully in commercial transactions.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

House Committee on Commerce and Economic Development Hearing (00:00:00 4/1/2025 ) (on 04/01/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...