Oklahoma 2024 Regular Session

Oklahoma House Bill HB3753 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1
2	2
3		-	HB3753 HFLR Page 1
4		-	BOLD FACE denotes Committee Amendments. 1
	3	+	Req. No. 10117 Page 1 1
5	4		2
6	5		3
7	6		4
8	7		5
9	8		6
10	9		7
11	10		8
12	11		9
13	12		10
14	13		11
15	14		12
16	15		13
17	16		14
18	17		15
19	18		16
20	19		17
21	20		18
22	21		19
23	22		20
24	23		21
25	24		22
26	25		23
27	26		24
28	27
29		-	HOUSE OF REPRESENTATIVES - FLOOR VERSION
30		-
31	28		STATE OF OKLAHOMA
32	29
33	30		2nd Session of the 59th Legislature (2024)
34	31
35	32		COMMITTEE SUBSTITUTE
36	33		FOR
37		-	HOUSE BILL NO. 3753 By: Hardin of the House
38		-
39		-	and
40		-
41		-	Woods of the Senate
	34	+	HOUSE BILL NO. 3753 By: Hardin
42	35
43	36
44	37
45	38
46	39
47	40		COMMITTEE SUBSTITUTE
48	41
49	42		An Act relating to legal tender; defining terms;
50	43		requiring acceptance of cash as legal tender;
51	44		providing penalties and enforcement ; providing
52	45		exception; providing for codification; providing an
53	46		effective date; and declaring an emergency.
54	47
55	48
56	49
57	50
58	51
59	52		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
60	53		SECTION 1. NEW LAW A new section of law to be codified
61	54		in the Oklahoma Statutes as Section 2200 of Title 25, unless there
62	55		is created a duplication in numberin g, reads as follows:
63	56		A. As used in this act:
64	57		1. "At retail" shall include any retail transaction conducted
65	58		in person and shall exclude:
66	59		a. any telephone, mail, or Internet-based transactions,
67	60		b. parking lots and parking garages ,
	61	+	c. transactions at wholes ale clubs that sell consumer
	62	+	goods and services through a membership model,
68	63
69		-	HB3753 HFLR Page 2
70		-	BOLD FACE denotes Committee Amendments. 1
	64	+	Req. No. 10117 Page 2 1
71	65		2
72	66		3
73	67		4
74	68		5
75	69		6
76	70		7
77	71		8
78	72		9
79	73		10
80	74		11
81	75		12
82	76		13
83	77		14
84	78		15
85	79		16
86	80		17
87	81		18
88	82		19
89	83		20
90	84		21
91	85		22
92	86		23
93	87		24
94	88
95		-	c. transactions at wholes ale clubs that sell consumer
96		-	goods and services through a membership model,
97	89		d. transactions at retail stores selling consum er goods
98	90		exclusively through a membership model that requires
99	91		payment by means of an affiliated mobile device
100	92		application,
101	93		e. transactions for the rental of consumer goods,
102	94		services, or accommodations for which posting of
103	95		collateral or security is t ypically required,
104	96		f. consumer goods or services provided exclusively to
105	97		employees and others authorized to be on the
106	98		employer's premises, and
107	99		g. member transactions at fitness centers, including
108	100		payment of membership fees.
109	101		B. A person or entity selling or offering for sale consumer
110	102		goods or services at retail is prohibited from re fusing to accept
111	103		cash as a form of payment to purchase goods or services.
112	104		C. Any person or entity in violation of this act shall be
113	105		subject to a warning for a first violation. A second violation
114	106		shall be punishable by a fine not to exceed One Thousand Dollars
115	107		($1,000.00). A third or subsequent violation shall be p unishable by
116	108		a fine not to exceed Two Thousand Five Hundred Dollars ( $2,500.00).
117	109		The penalties in this subsection shall be enforced by the Office of
118	110		the Attorney General. Fines collected by the O ffice of the Attorney
	111	+	General shall be deposited in the Gen eral Revenue Fund of the State
	112	+	Treasury.
119	113
120		-	HB3753 HFLR Page 3
121		-	BOLD FACE denotes Committee Amendments. 1
	114	+	Req. No. 10117 Page 3 1
122	115		2
123	116		3
124	117		4
125	118		5
126	119		6
127	120		7
128	121		8
129	122		9
130	123		10
131	124		11
132	125		12
133	126		13
134	127		14
135	128		15
136	129		16
137	130		17
138	131		18
139	132		19
140	133		20
141	134		21
142	135		22
143	136		23
144	137		24
145	138
146		-	General shall be deposited in the Gen eral Revenue Fund of the State
147		-	Treasury.
148	139		D. This act shall not apply to a retail establishment that
149	140		provides a device on premises that converts cash, without charging a
150	141		fee or requiring a minimum deposit amount greater than Five Dollars
151	142		($5.00), into a prepaid card that allows a consumer to complete a
152	143		transaction at such retail establishment . Upon request, such device
153	144		shall provide each consumer with a receipt indicating the amo unt of
154	145		cash such consumer deposited onto the prepaid card. Cash deposits
155	146		onto such a prepaid card shall not be subject to an expiration date
156	147		and there shall be no limit on the number of transactions t hat may
157	148		be completed on such prepaid card. In the event such retail
158	149		establishment does not have a devi ce to convert cash to a prepaid
159	150		card and cash is presented for payment, the n the retail
160	151		establishment shall accept cash as payment for services or good s.
161	152		SECTION 2. This act shall become effective July 1, 2024.
162	153		SECTION 3. It being immediately necessary for the preservation
163	154		of the public peace, health or safety, an emergency is hereby
164	155		declared to exist, by reason whereof th is act shall take effect and
165	156		be in full force from and after its passage an d approval.
166	157
167		-	COMMITTEE REPORT BY: COMMITTEE ON BANKING, FINANCIAL SERVICES AND
168		-	PENSIONS, dated 02/13/2024 - DO PASS, As Amended and Coauthored.
	158	+	59-2-10117 CMA 02/13/24
	159	+
	160	+