Moriarty Bill Eliminating Discrimination against Cash Paying Consumers Clears Assembly
Legislation sponsored by Assemblyman Paul Moriarty, prohibiting discrimination against consumers paying for goods or services with cash was advanced by the Assembly on Thursday with a vote of 71-4.
The bill (A-591) is applicable to any retail transaction conducted in-person, and excludes telephone, mail, or internet based transactions.
“Many people do not have access to consumer credit and any effort by retail establishments to ban the use of cash would be discriminatory towards those people,” said Moriarty (D-Camden/Gloucester). “The U.S. dollar is legal tender and should be accepted at any retail establishment in New Jersey.”
The sponsor also referred to an article written last year regarding how Visa had pushed for more small businesses to participate in a program that would offer up to $10,000 each to 50 U.S. based small businesses if they were to make their payment technology completely digital.
Any person in violation of this bill would be subject to a civil penalty up to $2,500 for a first offense, $5,000 for a second offense, and a third or subsequent offense would be an unlawful practice under the Consumer Fraud Act.