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Payment Choice Act of 2023

S. 1984 Sen. Robert Menendez (D-NJ) In committee
Bill text PDF
  1. Introduced Jun 14
  2. Committee Jun 14
  3. Passed Senate Next
  4. Passed House Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Jun 14, 2023Next: Senate vote
1232d ago Jun 14, 2023: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
1company, 1 filing
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Summary

Payment Choice Act of 2023

Full summary2 paragraphs

This bill requires retail businesses to accept cash as a form of payment for on-site sales of $500 or less, and it prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash. Businesses covered by this bill 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, damages, and civil penalties.

Library of Congress summary, Jun 14, 2023

Summary versions
  • Introduced in SenateJun 14, 2023

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.