Legislation would require businesses to provide at least one point-of-sale location accepting cash
Ohioans could soon be shopping like it’s 1999 if legislators pass the Currency Access to Spend Here (CASH) bill, which would require businesses and government offices to accept cash for payments up to $500.
The bill would require businesses and government entities to provide at least one point-of-sale location that accepts cash. Additionally, it bans them from charging those using cash for a transaction a higher price than those using other payment methods.
“It’s simple, cash is the basis for business in America. Our taxpayers should always have the ability to use cash in their daily lives,” said Ohio state Rep. David Thomas (R-Jefferson), who introduced House Bill 554.
“I hear from residents who may not trust virtual payment options or just prefer to use physical cash. This bill balances the needs of government and business to be efficient with the ability to still rely on physical currency,” Thomas added.