Ohio HB554 requires government and private sellers to accept cash for transactions of $500 or less.
Ohio HB554 mandates that governmental entities and private sellers accept cash for transactions of $500 or less. It prohibits these entities from charging higher prices for cash payments compared to other payment methods. The law applies to in-person retail transactions but excludes telephone, mail, or internet-based transactions. Exemptions are provided for sellers operating at airports.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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