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. The bill establishes civil penalties for violations, with fines of up to $2,500 for a first offense and up to $5,000 for a second offense. Subsequent violations are classified as unlawful practices under existing consumer protection laws.

Additionally, the bill outlines specific exemptions where these provisions do not apply, including certain airport vendors, municipal parking facilities, mobile payment-only parking facilities, vehicle rental companies under certain conditions, 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 enactment.

Statutes affected:
Introduced: 56:8-2.33