Payment Choice Act of 2025
Latest action · Feb 7, 2025 Referred to the House Committee on Financial Services.
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.
- IntroducedFeb 7, 2025
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Payment Choice Act of 2025
This bill requires retail businesses to accept cash as a form of payment for on-site sales of $500 or less and it prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash. Businesses covered by this bill 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 establishes exceptions for this requirement, including by allowing a business to provide a device to provide prepaid cards on site for customers to use as payment. Among other requirements, such a card must not have a fee associated with its use and must not require a minimum payment of more than $1.
The bill provides for enforcement through preventative relief, damages, and civil penalties.
Cosponsors 25
Members who signed on, in the order they did. Signatures ran from Feb 7, 2025 to Jul 9, 2026; 8 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NJ | Christopher H. Smith | Original | Feb 7, 2025 |
| R-TN | David Kustoff | Original | Feb 7, 2025 |
| D-NJ | Donald Norcross | Original | Feb 7, 2025 |
| D-MD | Glenn Ivey | Original | Feb 7, 2025 |
| D-NJ | Josh Gottheimer | Original | Feb 7, 2025 |
| D-OH | Joyce Beatty | Original | Feb 7, 2025 |
| D-TX | Sylvia R. Garcia | Original | Feb 7, 2025 |
| R-OH | Warren Davidson | Original | Feb 7, 2025 |
| D-LA | Cleo Fields | Jul 15, 2025 | |
| R-FL | John H. Rutherford | Jul 23, 2025 | |
| R-IN | Marlin A. Stutzman | Jul 25, 2025 | |
| D-CA | Brad Sherman | Jul 29, 2025 | |
| R-NC | Tim Moore | Aug 1, 2025 | |
| R-MI | Bill Huizenga | Sep 3, 2025 | |
| R-TX | Pete Sessions | Sep 3, 2025 | |
| R-KY | Andy Barr | Nov 17, 2025 | |
| R-NJ | Thomas H. Kean, Jr. | Nov 17, 2025 | |
| D-NJ | Jefferson Van Drew | Feb 9, 2026 | |
| R-OH | David J. Taylor | Mar 24, 2026 | |
| D-PA | Chrissy Houlahan | Apr 20, 2026 | |
| D-HI | Ed Case | Apr 20, 2026 | |
| D-NY | Gregory W. Meeks | Apr 29, 2026 | |
| D-MO | Emanuel Cleaver | May 11, 2026 | |
| D-GA | Nikema Williams | Jun 23, 2026 | |
| R-FL | Maria Elvira Salazar | Jul 9, 2026 |
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 Feb 7, 2025 |
Actions 2
Everything that happened, newest first.
- Feb 7, 2025Introduced in House
- Feb 7, 2025Referred to the House Committee on Financial Services.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H3547 | John W. Rose R-TN | May 15, 2026 |
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. 171, no. 26, February 7, 2025, page H585.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To ensure that United States currency is treated as legal tender to be accepted as payment for purchases of goods and services at brick-and-mortar businesses throughout the United States, and for other purposes.
- Short Title(s) as Introduced
- Payment Choice Act of 2025
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Feb 7, 2025Introduced 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.
