Minnesota SF3874 requires sellers of essential goods and services to accept U.S. currency for purchases.

Minnesota SF3874 mandates that sellers offering essential goods or services must accept U.S. currency, including Federal Reserve notes, for purchases. This requirement applies to in-person transactions and sellers with multiple points of sale must accept currency at least at one location. Exceptions include banking institutions, credit unions, and sellers using devices to convert cash into prepaid cards under specific conditions. Violators face a civil penalty of up to $250 per transaction. The law takes effect January 1, 2027.

Minnesota SF3874 requires sellers of essential goods and services to accept U.S. currency for purchases.

Minnesota SF3874 mandates that sellers offering essential goods or services must accept U.S. currency, including Federal Reserve notes, for purchases. This requirement applies to in-person transactions and sellers with multiple points of sale must accept currency at least at one location. Exceptions include banking institutions, credit unions, and sellers using devices to convert cash into prepaid cards under specific conditions. Violators face a civil penalty of up to $250 per transaction. The law takes effect January 1, 2027.