This bill aims to amend the Code of West Virginia by introducing a new article, designated as Article 22, which mandates that retail establishments in the state accept cash as a form of payment. Specifically, it requires any establishment that prepares, sells, or serves food, as well as other businesses offering goods or services, to accept United States currency when presented as payment. The bill prohibits these establishments from discriminating against cash buyers by forcing them to use credit or debit cards or electronic payment methods. However, it does not apply to transactions conducted via telephone, mail order, or online where the buyer is not physically present.

Additionally, the bill grants the West Virginia Treasurer's Office the authority to create regulations for implementing this cash payment requirement, including the ability to establish exemptions based on various criteria such as the type of establishment or the nature of the transaction. Violations of this mandate could result in fines of up to $500. The article is set to take effect upon passage, with the West Virginia Department of Commerce empowered to take necessary actions to implement the law.

Statutes affected:
Introduced Version: 31-22-1, 31-22-2