Cicilline Introduces Bill Requiring Businesses to Accept Cash

May 9, 2019

WASHINGTON – Democratic Policy and Communications Committee (DPCC) Chair David N. Cicilline (RI-01) today introduced the Cash Always Should be Honored (CASH) Act today to require retailers to accept cash payments. Cicilline’s bill will ensure that working people never get turned away simply because they do not have a credit or debit card.

 

“The American people want Congress to work for working people. This is a commonsense way to do that,” said Cicilline. “25 percent of Americans don’t use credit cards. Yet, more and more businesses are refusing to serve customers who want to pay in cash. This bill will protect the economic freedom and opportunity of millions of working people.” 

 

According to the Federal Deposit Insurance Corporation (FDIC), 8.4 million American households do not have a bank account. An even greater number, roughly 32 million American households, don’t use a credit card. The rising number of businesses that do not accept cash payments effectively shut out these customers, who are disproportionately working class.

 

The CASH Act requires retailers to accept cash from buyers. Two states – Massachusetts and New Jersey – and the City of Philadelphia have passed laws requiring businesses in their jurisdictions to accept cash. Cicilline’s bill will apply to all 50 states. It is expected to be considered by the House Energy and Commerce Committee.