1.1 A bill for an act
1.2 relating to consumer
protection; requiring retail establishments to accept cash as
1.3 payment;proposing coding for
new law in Minnesota Statutes, chapter 325F.
1.4 BE IT ENACTED BY THE
LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. [325F.983]
ACCEPTANCE OF CASH REQUIRED.
1.6 Subdivision
1.Definitions. (a) For purposes of this section, the following
terms have
1.7 the meanings given.
1.8 (b) "Cash"
means the physical currency of the United States, whether paper money or
1.9 coins.
1.10 (c) "Retail
establishment" means a place of business open to the general public for
the
1.11 sale of goods or
services.
1.12 Subd. 2.Requirement.
A retail establishment is required to accept cash from consumers
1.13 as payment for goods or
services.
1.14 EFFECTIVE DATE. This
section is effective August 1, 2026, and applies to sales of
1.15 goods and services on or
after that date.
