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IL SB3997

IL SB3997
ACCEPTANCE OF CASH PAYMENTS


summary

Introduced
02/06/2026
In Committee
02/06/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Civil Administrative Code of Illinois. Provides that a State agency shall accept cash when offered as payment for any transaction totaling $500 or less. Prohibits a State agency from charging a person making a cash payment a higher price compared to the price charged to a person not paying with cash. Amends the Local Governmental Acceptance of Credit Cards Act. Changes the name of the Act to the Local Governmental Acceptance of Credit Cards and Cash Act. Provides that a unit of local government shall accept cash when offered as payment for any transaction totaling $500 or less. Prohibits a unit of local government from charging a person making a cash payment a higher price compared to the price charged to a person not paying with cash. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a person selling or offering for sale goods or services at retail shall: (1) accept cash when offered by a buyer as payment for any debt, purchase, or transaction totaling $500 or less; (2) provide at least one point-of-sale station, either automated or operated by a person, that allows a buyer to pay using cash as payment; and (3) not charge a person making a cash payment a higher price compared to the price charged to a person not paying with cash. Sets forth exceptions to the provision. Provides that a violation of the provision is an unlawful practice within the meaning of the Act.

AI Summary

This bill mandates that state agencies, units of local government, and retail businesses must accept cash, defined as U.S. coin and paper money, for any transaction totaling $500 or less, and prohibits them from charging a higher price for cash payments compared to other payment methods, with exceptions for transactions conducted by mail, telephone, or internet, and for businesses at airports in the case of retail sales.

Sponsors (1)

Last Action

Referred to Assignments (on 02/06/2026)

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