Arizona House Advances Bold Strategy to Keep Cash Flowing

By Daniel Stefanski |

The Arizona Legislature has advanced a notable proposal aimed at ensuring cash remains a viable option for transactions. This week, the Arizona House of Representatives approved House Bill 2683, which mandates that businesses with a physical presence in the state must accept cash payments for transactions up to $100. State Representative Joseph Chaplik is the bill’s sponsor.

Chaplik emphasized the importance of cash as a legal tender, stating, “Millions of Americans, including the most financially vulnerable, rely on cash for their daily transactions. No one should be denied the ability to buy groceries, medicine, or other essentials simply because they choose or need to use cash.” He further highlighted the need to protect those without access to credit cards or bank accounts, arguing that this legislation safeguards seniors and working-class families.

The House passed the bill with a significant majority, recording a 45-15 vote in favor. Earlier this month, it was approved by the House Commerce Committee with a 10-0 unanimous vote, showcasing a clear legislative support.

According to a press release from the Arizona House Republicans, the legislation also prohibits businesses from charging extra fees for cash payments and establishes civil penalties for violations. It is important to note that this bill does not extend to online sales or private contracts, focusing specifically on ensuring that brick-and-mortar businesses accept U.S. currency.

Supporters of HB 2683 include representatives from the Arizona Public Interest Research Group and Arizona Faith Network, who officially registered their endorsement in the Arizona Legislature’s Request to Speak system. Conversely, various chambers of commerce, including those from Chandler, Arizona, and Greater Phoenix, expressed their opposition to the proposed measure.

Next, HB 2683 will move to the Arizona Senate for further consideration.