Fetterman and Cramer introduce cash payment bill for in-person business
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SENS. John Fetterman, D-PA. , Kevin Cramer, RN.D. , A draft law that generally requires those who do personal works to accept money as a payment of customers.
“Any person who participates in the sale or provision of commodities or services in retail to the public who accepts personal payments in a financial site … Cash must be accepted as a form of sales forms made on this financial site with an amount of $ 500 per treatment”, and this scale includes partially.
The proposal provides an exception if there is a “device that transforms cash into paid cards” without any fees.
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Senator John Vitirman, de Ba. , The Capitol was seen in the United States after the House of Representatives passed one beautiful draft law on Thursday, May 22, 2025 (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Exceptits are also allowed whether a person cannot accept cash payment due to the “failure of the sales system” or because they temporarily do not have enough money available to provide change.
“It is simple: if you are open to work in America, you should take US dollars,” said Vitirman, according to press data. “I am proud to present the two parties Payment selection law With Cramer because every American should be able to use the paper currency if they choose it. We have millions of people in this country who cannot reach bank accounts, and they must be able to shop with their hard -in -manner dollars. “
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Companies will not be required to accept the large bill categories.
The proposal announces that “during the five -year period that begins in the date of the age of this section, this section does not ask a person to accept cash payments for $ 50 or any larger bill.”
“The Secretary must issue a base in the date of 5 years from the date of the age of this section in relation to any categories of the draft law, the person is not required to accept it,” as he reads the text of the measure. “Upon issuing a base under sub -paragraph (A), the Secretary of the Persons ask to accept $ 1, $ 5, 10 dollars and 20 dollars.”
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American Senator Kevin Kramer offers RN. (Samuel Corome/Getty Emose)
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“Criticism is still a legal tender in the United States, despite the acceptance of some exclusive companies for electronic payments,” Kramer said, according to press data. “Forced the use of credit and deduction cards, or impose distinct prices on paid goods and services at cash limits.
2025-07-21 10:02:00
