Bill > S04153

This bill amends the New York General Business Law to prohibit food stores and retail establishments from refusing to accept cash payments from consumers. The bill defines key terms such as "cash" (specifically United States coins and currency), "food store" (establishments selling food or beverages), and "retail establishment" (stores selling consumer goods or services). Businesses are allowed to refuse cash payments for bills over $20 or for telephone, mail, or internet-based transactions not conducted on their premises. The law also prevents businesses from charging higher prices to cash-paying customers compared to those using cashless transactions. Establishments that violate the law will face civil penalties of up to $1,000 for the first violation and $1,500 for subsequent violations. The bill includes an exemption for businesses that provide a cash-to-prepaid card conversion device on-site, which must convert cash without fees and allow unlimited transactions. If such a device malfunctions, the business must accept cash payments and display a conspicuous sign informing consumers of their right to pay with cash. The law will take effect 120 days after becoming law, providing businesses time to adapt to the new requirements.

Business and Industry, Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/S4153