Kentucky 2022 Regular Session

Kentucky Senate Bill SR147

Introduced
2/23/22  
Refer
2/23/22  
Refer
2/25/22  
Report Pass
3/8/22  
Refer
3/9/22  

Caption

A RESOLUTION urging the Lexington Center Corporation to not remove cash as a payment option.

Impact

The resolution addresses a growing trend toward cashless transactions, sparked by the increasing popularity of digital payment options. However, it raises concerns about accessibility for certain groups, including those who may lack familiarity with technology or access to the requisite infrastructure for digital payments. By urging the continued acceptance of cash, the resolution seeks to promote inclusivity and ensure that all individuals can fully enjoy the experiences offered at the specified venues, particularly during significant community events such as sports and cultural performances.

Summary

SR147 is a resolution urging the Lexington Center Corporation to retain cash as a payment option for parking and concessions at venues such as the Central Bank Convention Center, Rupp Arena, and the Lexington Opera House. The resolution highlights the longstanding practice of cash as an accepted currency in the United States, which has been integral to transactions for consumers from varying economic backgrounds. It emphasizes that cash remains accessible, especially for individuals who may not have the means or desire to engage with digital payment methods.

Sentiment

The sentiment surrounding SR147 appears supportive of preserving traditional payment methods. Proponents likely see the resolution as a necessary step to protect consumer choice and access, while opponents could argue that it may hinder the adoption of more efficient payment systems. This discussion encapsulates a broader debate on the coexistence of cash and cashless payment systems within society, reflecting diverse opinions on the benefits and drawbacks of each.

Contention

The key point of contention revolves around the balance between modernizing payment systems and maintaining the accessibility that cash provides. The move to cashless transactions can be seen as advantageous in terms of efficiency and security, yet SR147 emphasizes the potential risks associated with excluding consumers who still rely on physical currency. The resolution advocates for a more inclusive approach that respects individual preferences in payment methods, highlighting the need for venues to accommodate all patrons regardless of their chosen payment methods.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.