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HR 1138 · in committee · major

Payment Choice Act of 2025

What this bill does

  • Requires retail businesses to accept cash for in-person purchases of $500 or less.
  • Affects all retail businesses that accept in-person payments at physical locations.
  • Enforced through civil penalties and damages; businesses may offer fee-free prepaid cards as alternative.

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Community Threads

Started by Cosponsor

  1. 01

    How would requiring cash acceptance affect small retailers operating in areas with limited physical security or high theft risk?

  2. 02

    What evidence exists that consumers without bank accounts face barriers to purchasing goods that this cash requirement would address?

  3. 03

    If a business offers a fee-free prepaid card as an alternative to cash, how would that option change the bill's practical impact on unbanked populations?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-TN-6

John W. Rose

Citizen cosponsors

0

In Congress

22/ 435

House Reps cosponsoring

Introduced 2025-02-07

Joining the bill

+ 10 more

Legislative timeline

  1. 2025-02-07 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  2. 2025-02-07 · IntroReferral

    Introduced in House

  3. 2025-02-07 · IntroReferral

    Introduced in House

Congress.gov ↗

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