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AZ HB2631

Bill

Status

Introduced

1/23/2024

Primary Sponsor

Joseph Chaplik

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - Second Regular Session (2024)

AI Summary

  • Requires retail businesses with physical locations in Arizona to accept cash for purchases of $100 or less and prohibits charging fees or penalties for cash payments.

  • Creates a private cause of action for individuals denied cash payment or charged fees for using cash, with damages of $1,000 per violation (up to $5,000 per person total per day).

  • Allows prevailing plaintiffs to recover reasonable attorney fees and costs, with damages annually adjusted for inflation by the Consumer Price Index.

  • Exempts written contracts specifying payment methods and online sales of goods or services from the cash acceptance requirement.

  • Applies only to businesses classified as retail under Arizona's tax code section 42-5061.

Legislative Description

Businesses; requirement to accept cash

Trade And Commerce - Title 44

Last Action

House read second time

1/24/2024

Committee Referrals

Rules1/23/2024
Commerce1/23/2024

Full Bill Text

No bill text available