Minnesota HF4858 mandates sellers to accept U.S. currency for purchases.

Minnesota HF4858 requires sellers to accept United States currency for purchases, including Federal Reserve notes. This applies to sellers accepting in-person payments, excluding those requiring a security deposit or credit card number. Exceptions include banking institutions and credit unions. Sellers failing to comply face a civil penalty of up to $250 per transaction. The law takes effect January 1, 2026.

Minnesota HF4858 mandates sellers to accept U.S. currency for purchases.

Minnesota HF4858 requires sellers to accept United States currency for purchases, including Federal Reserve notes. This applies to sellers accepting in-person payments, excluding those requiring a security deposit or credit card number. Exceptions include banking institutions and credit unions. Sellers failing to comply face a civil penalty of up to $250 per transaction. The law takes effect January 1, 2026.