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.

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.