Bill would require businesses and governments to accept cash
State Rep. David Thomas, R-Jefferson, introduced legislation that would require private businesses and government entities to accept cash for transactions up to $500.
Thomas, whose district includes portions of Trumbull County, said he introduced the bill in response to concerns from constituents who have faced difficulties when businesses or government offices refuse to accept cash as payment.
“It’s simple: Cash is the basis for business in America,” Thomas said. “Our taxpayers should always have the ability to use cash in their daily lives. I hear from residents who may not trust virtual payment options or just prefer to use physical cash.”
Thomas added, “This bill balances the needs of government and business to be efficient with the ability to still rely on physical currency.”
Thomas’ CASH (Currency Access to Spend Here) Act was referred to the House General Government Committee.
The bill requires at least one point of sale — either automated or operated by a person — that allows a buyer to pay using cash as payment for up to $500. The bill excludes those selling goods or services at airports.
It also doesn’t permit those using cash to pay a higher price compared to the price charged to someone not paying with cash.
The bill is designed to balance the needs of both consumers and businesses, Thomas said, by protecting consumers’ rights while supporting businesses and government services.
A violation of the proposal would be considered “an unfair or deceptive act or practice,” and the buyer could file a court claim for “actual economic damages” plus up to $5,000 in noneconomic damages.
The General Assembly in 2023 passed a provision in a bill that required school districts in the state to be required to accept cash for football game tickets and concession stand purchases, as well as for any school activities that charge admission such as plays and concerts.
