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Bill Summary Details

Acceptance of Cash Payments by Businesses (Watch)

HB 233 (Willhite) and SB 408 (Jones) require businesses to accept cash payments for any good or service if the customer is physically present at the place of business. The bills exempt transactions above $5,000. Of interest to local governments, the bills exempt parking facilities owned by a municipality regardless of who operates the parking facility. (Taggart)