Illinois HB4592 mandates that local governments and retail businesses accept cash for transactions up to $500, prohibiting higher prices or fees for.
HB4592 amends the Civil Administrative Code of Illinois to require local governments and state agencies to accept cash for transactions up to $500, prohibiting any additional fees or higher prices for cash payments. It also amends the Consumer Fraud and Deceptive Business Practices Act to mandate that retail businesses with physical locations accept cash for sales under $500, barring refusal of cash and price discrimination based on payment method. Exceptions include certain mobile and temporary sales operations.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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