By Daniel Stefanski |
A proposal to help keep cash in circulation is moving on in the Arizona Legislature.
Earlier this week, the Arizona House of Representatives approved HB 2683 “to ensure that businesses with a physical presence in Arizona must accept cash for transactions up to $100.” The bill was sponsored by State Representative Joseph Chaplik.
In a statement accompanying the announcement of the bill’s progress, Chaplik said, “Legal tender is exactly that – it must be accepted. Millions of Americans, including the most financially vulnerable rely on cash for their daily transactions. No one should be denied the ability to buy groceries, medicine, or other essentials simply because they choose or need to use cash.”
Chaplik added, “Not everyone has a credit card or a bank account. This bill protects seniors, working-class families, and those who prefer the privacy of cash transactions. It stops businesses from turning away customers who are simply trying to pay with their own hard-earned money.”
The bill was overwhelmingly passed by the state House with a 45-15 vote. Earlier in the month, HB 2683 was given the green light from the House Commerce Committee with a unanimous 10-0 vote.
According to the press release from the Arizona House Republicans, the legislation would “prohibit businesses from imposing extra fees for cash payments and establishes civil penalties for violations. The bill does not apply to online sales or private contracts but ensures that brick-and-mortar businesses cannot deny customers the ability to use U.S. currency.” The release also revealed that similar statutes are in place in the States of Colorado, New York, New Jersey, and Pennsylvania.
On the Arizona Legislature’s Request to Speak system, representatives from Arizona Public Interest Research Group and Arizona Faith Network signed in to support the bill. Representatives from the Chandler Chamber of Commerce, Arizona Chamber of Commerce, East Valley Chambers of Commerce Alliance, West Valley Chamber of Commerce Alliance, National Federation of Independent Business, Buckeye Valley Chamber of Commerce, and Greater Phoenix Chamber of Commerce indicated their organizations’ opposition to this legislation.
HB 2683 will now be considered by the Arizona Senate.
Daniel Stefanski is a reporter for AZ Free News. You can send him news tips using this link.
