This bill mandates that retail establishments, the state, and political subdivisions of the state must accept United States currency for the payment of goods and services. It aims to ensure that cash remains a viable payment option for consumers, thereby promoting accessibility and inclusivity in financial transactions.

The legislation also outlines specific exceptions to this requirement, although the details of these exceptions are not provided in the summary. Additionally, the bill introduces a fee related to the acceptance of cash payments, although the specifics of this fee are not detailed in the provided text. Overall, the bill seeks to reinforce the use of cash in commerce while establishing a regulatory framework for its acceptance.