State Representative Gerald Brady has introduced House Bill 117, which would require businesses to still accept cash as a form of payment. And the bill wouldo impose pretty stiff penalties for violations of the law: $1,000 for the first offense, $1,500 for the second offense and then $2,500 for third and subsequent offenses.
Honestly, I wasn’t aware that this was an issue. In my life, I have only encountered one business, a coffee shop on Penn Square in Philadelphia, that did not accept cash. But given advances in technology with smartphone payment apps and systems, I am sure it is a growing trend to go all digital in terms of payment. According to a 2018 Pew Research Center survey, 18 percent of American adults make most or all of their purchases with cash in a given week, while 29 percent rely solely on electronic methods of payment.
Still, those 18 percent are likely unable to gain access to credit cards or other electronic means of payment, and this bill will prevent discrimination against them in our stores and shops. It is curious that no Republican has sponsored this bill, for I thought they were the party of the working man.
|House Bill 117 Sponsors||Yes Votes||No Votes|
|Brady, Baumbach, Bolden, Cooke, Kowalko, Lambert, Morrison, K.Williams, Osienski, Wilson-Anton|
|Walsh, Gay, Hansen, Lockman, S.McBride|
|Current Status — House Economic Everything 3/4/21|
This bill will impose substantial fines on the owners of Shell, Sunoco and other gas stations whose parent company offers a discount on purchases using their branded affinity credit cards.
They will either have to go to a ‘cash back” model or stop accepting their own franchisor’s credit cards.
A bold move for a state which is home to the largest branded affinity credit card operations.