This bill amends current New Jersey law to prohibit businesses from charging convenience fees or similar fees on cash transactions. Specifically, it mandates that any person selling goods or services at retail must accept legal tender as payment and cannot add any additional fees when cash is used. Violations of this provision can result in civil penalties, with escalating fines for repeated offenses.
Additionally, the bill outlines certain exceptions where these provisions do not apply, including sales at airports (with specific cash acceptance requirements), municipal parking facilities, mobile payment-only parking facilities, vehicle rental companies (with alternative payment options), and large sports or entertainment venues. The bill also clarifies definitions related to retail transactions and the meaning of convenience fees. It is set to take effect immediately upon passage.
Statutes affected: Introduced: 56:8-2.33