Sellers required to accept United States currency for purchases.

This bill requires sellers in Minnesota to accept United States currency, including Federal Reserve notes, as payment for goods and services. The law applies specifically to in-person transactions and allows businesses with multiple sales points to comply by accepting cash at just one location. Several exceptions exist, such as for banks and credit unions, as well as for situations involving security deposits or cash-to-card conversions that meet specific conditions like having no fees and no expiration dates. Violations of this requirement could result in a civil penalty of up to $250 for each transaction where cash is refused. The provisions would take effect on January 1, 2026.