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STATE OF OKLAHOMA
2nd Session of the 59th Legislature (2024)
HOUSE BILL 3753 By: Hardin
AS INTRODUCED
An Act relating to legal tender; defining terms;
requiring acceptance of cash as legal tender;
providing penalties and enforcement ; providing for
codification; and providing a n effective date;
emergency.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 2200 of Title 25, unless there
is created a duplication in numberin g, reads as follows:
A. As used in this act:
1. "At retail" shall include any retail transaction conducted
in person and shall exclude :
a. any telephone, mail, or internet-based transactions,
b. parking lots and parking garages ,
c. transactions at wholes ale clubs that sell consumer
goods and services through a membership model,
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d. transactions at retail stores selling consumer goods
exclusively through a membership model that requires
payment by means of an affiliated mobile device
application,
e. transactions for the rental of consumer goods,
services, or accommodations for which posting of
collateral or security is t ypically required,
f. consumer goods or services provided exclusively to
employees and others authorized to be on the
employer's premises, and
g. member transactions at fitness centers, including
payment of membership fees.
B. A person or entity selling or offering for sale consumer
goods or services at retail is prohibited from re fusing to accept
cash as a form of payment to purchase goods or services.
C. Any person or entity in violation of this act shall be
subject to a warning for a first violation. A second violation
shall be punishable by a fine not to exceed One Thousand Dollars
($1,000.00). A third or subsequent violation shall be p unishable by
a fine not to exceed Two Thousand Five Hundred Dollars ( $2,500.00).
The penalties in this subsection shall be enforced by the Office of
the Attorney General. Fines collected by the Office of the Attorney
General shall be deposited in the Gen eral Revenue Fund of the State
Treasury.
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SECTION 2. This act shall become effective July 1, 2024.
SECTION 3. It being immediately necessary for the preservation
of the public peace, health or safety, an emergency is hereby
declared to exist, by reason whereof this act shall take effect and
be in full force from and after its passage an d approval.
59-2-8438 MJ 01/16/24