This bill mandates that cash must be accepted as a form of payment for certain transactions involving goods or services sold to consumers, provided that the sale occurs in person, the seller or their employee is present to accept the cash, and the purchaser opts to pay with cash. The bill defines "cash" as physical coin, currency, or notes recognized as legal tender by federal law. Additionally, it specifies that state and local governments must also accept cash for any fees or charges imposed on the public under similar conditions.

However, the bill outlines specific exceptions where cash payment is not required. These exceptions include transactions involving financial institutions, sales that necessitate a credit card for security deposits or unforeseen expenses, and transactions occurring on airplanes. The legislation aims to ensure that cash remains a viable payment option for consumers while recognizing certain scenarios where alternative payment methods may be necessary.