Sellers to accept United States currency for purchases requirement
Referred to Commerce and Consumer Protection
Summary
The bill mandates that any retailer selling essential goods or services in Minnesota must take United States currency, including Federal Reserve notes, from consumers. It includes exceptions for certain credit‑card deposits, prepaid‑card conversions meeting specific criteria, and for banks or credit unions, and sets a civil penalty of up to $250 per violation. The rule would take effect on January 1 2027.
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