ENGR. H. B. NO. 2972 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ENGROSSED HOUSE BILL NO. 2972 By: West (Rick) and Talley of the House and Burns of the Senate [ legal tender – acceptance of cash as legal tender for activities and contests - fees and discounts - acceptance of other forms of lega l tender – codification - effective date – emergency ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new secti on of law to be codified in the Oklahoma Statutes a s Section 821.20 of Title 70, unless there is created a duplication in numbering, reads as follows: Any private organization or association which charges school s or school districts a membership fee, retains a portion of revenue generated by an interschola stic activity or contest of the member schools, and provides the coordination, supervision, and regulation of the interscholastic activity or contest shall accept cash as legal tender for admission to any activity or contest. There shall be no increased charge for the use of cash nor shall there be a ENGR. H. B. NO. 2972 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 discount for the use of another payment method. Nothing in this act shall be interpreted as prohibiting the acceptance of noncash forms of legal tender. As used in this act, the term "cash" refers to the United States dollar. SECTION 2. This act shall become effective July 1, 2024. SECTION 3. It being immediately necessary for the p reservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof thi s act shall take effect and be in full force from and after its passage and approval. Passed the House of Representatives the 14th day of March, 2024. Presiding Officer of the House of Representatives Passed the Senate the ___ day of __________, 2024. Presiding Officer of the Senate