Sellers required to accept United States currency for purchases.

Summary

The bill mandates that any seller in Minnesota who takes payment in person must accept United States currency, including Federal Reserve notes, for purchases. It provides several exemptions—such as for banks, credit unions, transactions that require a credit‑card security deposit, and cash‑to‑prepaid‑card conversions that meet specific conditions—and imposes a civil penalty of up to $250 per violation. The rule becomes effective on January 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share