WebMar 20, 2024 · S4691 (ACTIVE) - Sponsor Memo. BILL NUMBER: S4691 SPONSOR: CARLUCCI TITLE OF BILL: An act to amend the general business law, in relation to prohibiting retail establishments from refusing to accept payment in cash PURPOSE: This bill will prohibit food-service and retail establishments from refusing to accept cash as a … WebDec 25, 2014 · Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of...
Ask the Watchdog: Can a business refuse cash?
Webbreaking news, nation 25K views, 779 likes, 208 loves, 192 comments, 291 shares, Facebook Watch Videos from Khanta: BARRY WUNSCH- I SAW PRESIDENT TRUMP... WebApr 23, 2024 · A private business’s decision to refuse cash at the point of sale is a regulatory matter left to the states. [7] In recent years, the trend towards cashless business has moved from the skies to the ground. Many restaurants and other retail businesses have abandoned cash for card or electronic payments. [8] imc buyers group
Can a United States Business Refuse To Accept …
WebOct 12, 2024 · Under the bill, a business that violates the law could incur fines up to $2,500 for a first offense, $5,000 for a second, $10,000 for third and subsequent offenses. Willhite told Florida Politics that the number of businesses refusing to accept cash increased significantly during the pandemic and that trend is likely to continue. WebFeb 6, 2024 · Although federal law allows businesses to refuse cash payments, individual states and cities can pass laws banning the practice. Massachusetts has had such a law on the books since 1978. However, … WebJul 15, 2024 · A: Yes, it is legal for a private business to accept only some sorts of payments and to refuse cash payments. A governmental institution or chartered bank … list of jupiter moons