Payment Choice Act of 2021
Latest action · May 17, 2022 Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 9, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Payment Choice Act of 2021
This bill requires retail businesses to accept cash as a form of payment for sales in amounts less than $2,000, and it prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash. Such businesses are those engaged in the business of selling or offering goods or services at retail to the public that accept in-person payments at a physical location.
The bill provides for enforcement through preventative relief and civil penalties.
Cosponsors 49
Members who signed on, in the order they did. Signatures ran from Jul 9, 2021 to Jun 13, 2022; 28 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-FL | Al Lawson, Jr. | Original | Jul 9, 2021 |
| D-IN | André Carson | Original | Jul 9, 2021 |
| D-MA | Ayanna Pressley | Original | Jul 9, 2021 |
| D-CA | Barbara Lee | Original | Jul 9, 2021 |
| D-MS | Bennie G. Thompson | Original | Jul 9, 2021 |
| D-NJ | Bill Pascrell, Jr. | Original | Jul 9, 2021 |
| R-FL | Bill Posey | Original | Jul 9, 2021 |
| D-NJ | Bonnie Watson Coleman | Original | Jul 9, 2021 |
| D-NY | Carolyn B. Maloney | Original | Jul 9, 2021 |
| R-UT | Chris Stewart | Original | Jul 9, 2021 |
| R-NJ | Christopher H. Smith | Original | Jul 9, 2021 |
| D-IA | Cynthia Axne | Original | Jul 9, 2021 |
| R-TN | David Kustoff | Original | Jul 9, 2021 |
| D-FL | Debbie Wasserman Schultz | Original | Jul 9, 2021 |
| D-NJ | Donald Norcross | Original | Jul 9, 2021 |
| D-VA | Gerald E. Connolly | Original | Jul 9, 2021 |
| D-NY | Gregory W. Meeks | Original | Jul 9, 2021 |
| D-CT | Jahana Hayes | Original | Jul 9, 2021 |
| D-NJ | Jefferson Van Drew | Original | Jul 9, 2021 |
| R-TN | John W. Rose | Original | Jul 9, 2021 |
| D-NJ | Josh Gottheimer | Original | Jul 9, 2021 |
| D-OH | Joyce Beatty | Original | Jul 9, 2021 |
| D-WA | Marilyn Strickland | Original | Jul 9, 2021 |
| D-NY | Ritchie Torres | Original | Jul 9, 2021 |
| D-TX | Sylvia R. Garcia | Original | Jul 9, 2021 |
| D-NY | Thomas R. Suozzi | Original | Jul 9, 2021 |
| D-TX | Vicente Gonzalez | Original | Jul 9, 2021 |
| R-OH | Warren Davidson | Original | Jul 9, 2021 |
| R-TN | Mark E. Green | Jul 20, 2021 | |
| D-GA | Nikema Williams | Aug 17, 2021 | |
| D-IL | Jesús G. "Chuy" García | Aug 27, 2021 | |
| D-NV | Dina Titus | Sep 10, 2021 | |
| D-PA | Dwight Evans | Sep 10, 2021 | |
| D-TX | Al Green | Oct 15, 2021 | |
| D-NY | Alexandria Ocasio-Cortez | Nov 4, 2021 | |
| D-MD | Kweisi Mfume | Nov 4, 2021 | |
| D-GA | Sanford D. Bishop, Jr. | Nov 15, 2021 | |
| D-IL | Danny K. Davis | Nov 23, 2021 | |
| D-DC | Eleanor Holmes Norton | Nov 30, 2021 | |
| D-TX | Eddie Bernice Johnson | Dec 8, 2021 | |
| D-MD | Anthony G. Brown | Mar 16, 2022 | |
| D-MO | Emanuel Cleaver | May 6, 2022 | |
| D-FL | Frederica S. Wilson | May 6, 2022 | |
| D-SC | James E. Clyburn | May 6, 2022 | |
| D-FL | Sheila Cherfilus-McCormick | May 6, 2022 | |
| D-AL | Terri A. Sewell | May 6, 2022 | |
| D-NY | Yvette D. Clarke | May 6, 2022 | |
| D-NC | G. K. Butterfield | May 11, 2022 | |
| D-VI | Stacey E. Plaskett | Jun 13, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jul 9, 2021Markup May 17, 2022 |
Actions 4
Everything that happened, newest first.
- May 17, 2022Committee Consideration and Mark-up Session Held.
- May 17, 2022Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 32 - 17.
- Jul 9, 2021Introduced in House
- Jul 9, 2021Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 120, July 9, 2021, page H3618.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 117-49 | THE FUTURE OF BANKING: HOW CONSOLIDATION, NONBANK COMPETITION, AND TECHNOLOGY ARE RESHAPING THE BANKING SYSTEM148 pages | Financial Services Committee | Sep 29, 2021 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 4497 | Payment Choice Act of 2022 | Related bill | Jun 23, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To prohibit retail businesses from refusing cash payments, and for other purposes.
- Short Title(s) as Introduced
- Payment Choice Act of 2021
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 1
Each version as it was printed, newest first.
- Jul 9, 2021Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
