Oklahoma 2024 Regular Session

Oklahoma House Bill HB2972 Compare Versions

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3-ENGR. H. B. NO. 2972 Page 1 1
3+HB2972 HFLR Page 1
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28-ENGROSSED HOUSE
29-BILL NO. 2972 By: West (Rick) and Talley of
29+HOUSE OF REPRESENTATIVES - FLOOR VERSION
30+
31+STATE OF OKLAHOMA
32+
33+2nd Session of the 59th Legislature (202 4)
34+
35+HOUSE BILL 2972 By: West (Rick) and Talley of
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45+AS INTRODUCED
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40-[ legal tender – acceptance of cash as legal tender
41-for activities and contests - fees and discounts -
42-acceptance of other forms of lega l tender –
43-codification - effective date –
44- emergency ]
47+An Act relating to legal tender; mandating that
48+certain organizations accept cash as legal tender for
49+activities and contests ; prohibiting fees and
50+discounts; clarifying acceptance of other forms of
51+legal tender; defining term; providing for
52+codification; providing an effective date ; and
53+declaring an emergency .
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4959 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
5060 SECTION 1. NEW LAW A new secti on of law to be codified
5161 in the Oklahoma Statutes a s Section 821.20 of Title 70, unless there
5262 is created a duplica tion in numbering, reads as follows:
5363 Any private organization or association which charges school s or
5464 school districts a membership fee, retains a portion of revenue
5565 generated by an interschola stic activity or contest of the member
5666 schools, and provides th e coordination, supervision, and regulation
5767 of the interscholastic activity or contest shall accept cash as
58-legal tender for admission to any activity or contest. There shall
59-be no increased charge for the use of cash nor shall there be a
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61-ENGR. H. B. NO. 2972 Page 2 1
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95+legal tender for admission to any activity or contest. There shall
96+be no increased charge for the use of cash nor shall there be a
8697 discount for the use of another payment method. Nothing in this act
8798 shall be interpreted as prohibiting the acceptance of noncash forms
8899 of legal tender.
89100 As used in this act, the term "cash" refers to the United States
90101 dollar.
91102 SECTION 2. This act shall be come effective July 1, 2024.
92103 SECTION 3. It being immediately necessary for the p reservation
93104 of the public peace, health or safety, an emergency is hereby
94105 declared to exist, by reason whereof thi s act shall take effect and
95106 be in full force from and after its passage and approval.
96-Passed the House of Representatives the 14th day of March, 2024.
97107
108+COMMITTEE REPORT BY: COMMITTEE ON BANKING, FINANCIAL SERVICE S AND
109+PENSIONS, dated 02/13/2024 - DO PASS, As Coauthored.
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101- Presiding Officer of the House
102- of Representatives
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106-Passed the Senate the ___ day of __________, 2024.
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111- Presiding Officer of the Senate