Bill > S4771

This bill amends existing New Jersey law to prohibit businesses from charging convenience fees when customers pay with cash. Specifically, the legislation requires retailers to accept legal tender without imposing additional charges and establishes penalties for non-compliance. Businesses found in violation would face civil penalties of up to $2,500 for a first offense and $5,000 for a second offense, with subsequent violations potentially being considered unlawful practices. The bill includes several exemptions to the cash payment rule, such as for airport vendors (if at least two food sellers accept cash), municipal parking facilities, mobile-only payment parking facilities, car rental companies, and large sports or entertainment venues. The law defines "at retail" as in-person transactions, excluding telephone, mail, or internet-based sales, and explicitly defines a "convenience fee" as a charge passed on to a buyer for using legal tender. The legislation aims to ensure consumer access to payment options and prevent businesses from financially penalizing customers who choose to pay with cash.

Business and Industry

https://www.njleg.state.nj.us/bill-search/2024/S4771