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ID H0662
Bill
Status
2/17/2022
Primary Sponsor
Revenue and Taxation Committee
Click for details
AI Summary
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Requires sellers of goods or services conducting in-person retail transactions in Idaho to accept cash as a payment method alongside any other payment methods they offer.
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Exempts businesses from the cash acceptance requirement for single transactions exceeding $10,000.
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Defines "retail transaction" as in-person transactions only, excluding telephone, mail, internet-based, or other non-in-person transactions.
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Becomes effective July 1, 2022, with an emergency clause declaring the law effective immediately upon passage.
Legislative Description
Amends existing law to require sellers to accept cash as a method of payment along with any other accepted methods of payment.
SALES
Last Action
Reported Printed and Referred to Revenue & Taxation
2/18/2022