State agencies (existing): generally; acceptance of cash payments; require. Amends 1984 PA 431 (MCL 18.1101 - 18.1594) by adding sec. 427.

HB 5340 requires all Michigan state agencies to accept cash payments alongside other payment methods (like credit cards or online payments) without charging extra fees. It directly affects state agencies that collect payments (such as tax offices or license bureaus) and people who pay them, particularly those without access to digital payment options. The bill amends Michigan's Management and Budget Act to mandate cash acceptance as a standard practice, ensuring no additional cost for using cash. This is a procedural change focused on payment accessibility, not a substantive policy shift.