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H.R. 4395

Payment Choice Act of 2021

Payment Choice Act of 2021

This bill requires retail businesses to accept cash as a form of payment for sales in amounts less than $2,000, and it prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash. Such businesses are those engaged in the business of selling or offering goods or services at retail to the public that accept in-person payments at a physical location.

The bill provides for enforcement through preventative relief and civil penalties.

Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.

Rep. Payne, Donald M., Jr. [D-NJ-10](D-NJ)Sponsor
49 cosponsors41 D8 R
49cosponsors1committees5actions1related bills7subjects
  1. Committee

    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.

    Financial Services Committee
  2. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  3. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

Payment Choice Act of 2021 — Informed