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AZ HB2631
Bill
Status
1/23/2024
Primary Sponsor
Joseph Chaplik
Click for details
AI Summary
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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.
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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).
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Allows prevailing plaintiffs to recover reasonable attorney fees and costs, with damages annually adjusted for inflation by the Consumer Price Index.
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Exempts written contracts specifying payment methods and online sales of goods or services from the cash acceptance requirement.
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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