This bill introduces a new chapter, Chapter 359-V, to the existing law, specifically addressing the issue of discrimination against cash buyers in retail transactions. The bill explicitly prohibits retail establishments from refusing to accept cash as a form of payment, mandating that all such businesses must accept legal tender when offered by a buyer. The language inserted into the law states that no retail establishment shall discriminate against a cash buyer by requiring the use of credit for the purchase of goods and services.

The bill aims to ensure that consumers who prefer to pay with cash are not subjected to discriminatory practices that favor credit transactions. It emphasizes the importance of accepting cash as a valid payment method, thereby promoting inclusivity in retail sales. The act is set to take effect 60 days after its passage, reinforcing the commitment to protect cash buyers in the marketplace.