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SF 3874·MN·senate

Sellers to accept United States currency for purchases requirement

In CommitteeFiled Feb 26, 2026
Sponsor: Draheim
Latest Action

Referred to Commerce and Consumer Protection

Feb 26, 2026

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.

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

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