South Dakota HB1061 mandates acceptance of cash for transactions up to $100 in certain retail and state fee contexts.

South Dakota HB1061 requires businesses to accept cash for retail purchases up to $100 when the transaction occurs in person and the seller is present. It also mandates that state and local governments accept cash for fees up to $100 if paid in person. The bill prohibits charging higher prices for cash payments. Exemptions include federally chartered credit unions, financial institutions, sales requiring credit cards for deposits or unforeseen expenses, and transactions on airplanes.

South Dakota HB1061 mandates acceptance of cash for transactions up to $100 in certain retail and state fee contexts.

South Dakota HB1061 requires businesses to accept cash for retail purchases up to $100 when the transaction occurs in person and the seller is present. It also mandates that state and local governments accept cash for fees up to $100 if paid in person. The bill prohibits charging higher prices for cash payments. Exemptions include federally chartered credit unions, financial institutions, sales requiring credit cards for deposits or unforeseen expenses, and transactions on airplanes.