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3 | - | ENGR. H. B. NO. 2972 Page 1 1 | |
3 | + | HB2972 HFLR Page 1 | |
4 | + | BOLD FACE denotes Committee Amendm ents. 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 | |
30 | 36 | the House | |
31 | 37 | ||
32 | 38 | and | |
33 | 39 | ||
34 | 40 | Burns of the Senate | |
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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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49 | 59 | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: | |
50 | 60 | SECTION 1. NEW LAW A new secti on of law to be codified | |
51 | 61 | in the Oklahoma Statutes a s Section 821.20 of Title 70, unless there | |
52 | 62 | is created a duplica tion in numbering, reads as follows: | |
53 | 63 | Any private organization or association which charges school s or | |
54 | 64 | school districts a membership fee, retains a portion of revenue | |
55 | 65 | generated by an interschola stic activity or contest of the member | |
56 | 66 | schools, and provides th e coordination, supervision, and regulation | |
57 | 67 | 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 | |
60 | 68 | ||
61 | - | ENGR. H. B. NO. 2972 Page 2 1 | |
69 | + | HB2972 HFLR Page 2 | |
70 | + | BOLD FACE denotes Committee Amendm ents. 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 | |
86 | 97 | discount for the use of another payment method. Nothing in this act | |
87 | 98 | shall be interpreted as prohibiting the acceptance of noncash forms | |
88 | 99 | of legal tender. | |
89 | 100 | As used in this act, the term "cash" refers to the United States | |
90 | 101 | dollar. | |
91 | 102 | SECTION 2. This act shall be come effective July 1, 2024. | |
92 | 103 | SECTION 3. It being immediately necessary for the p reservation | |
93 | 104 | of the public peace, health or safety, an emergency is hereby | |
94 | 105 | declared to exist, by reason whereof thi s act shall take effect and | |
95 | 106 | be in full force from and after its passage and approval. | |
96 | - | Passed the House of Representatives the 14th day of March, 2024. | |
97 | 107 | ||
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 |