SB 106 — Acceptance of Cash Payments by Businesses

Florida Senate - 2024 CS for SB 106 By Senatorthe JonesAppropriations 34-00207-24Committee 2024106__on AAgriculture, billEnvironment, toand beGeneral entitledGovernment; An act relating to acceptance of cash payments by businesses;

and Senator Jones 601-02199-24 2024106c1 A bill to be entitled An act relating to acceptance of cash payments by businesses;

authorizing a business to satisfy such requirements by placing a cash-to-card kiosk at the business location for customers to make payments;

(2)(a) A business must accept an offer of payment in cash for any transaction involving the purchase of any tangible good or any service if, in connection with such transaction, the business would accept one or more other forms of payment and the Page 1 of 3 CODING:

Florida Senate - 2024 CS for SB 106 34-00207-24601-02199-24 2024106__2024106c1 or any service if, in connection with such transaction, the business would accept one or more other forms of payment and the customer seeking to engage in such transaction is physically present at the place of business.

(b) A business may notsatisfy chargethe arequirement feein orparagraph place(a) anyby otherhaving conditionavailable on itssite acceptancea ofcash-to-card kiosk into which a customer deposits cash asand requiredis bygiven paragrapha (a).debit card loaded with the amount he or she deposited.

The customer may use the debit card to complete a transaction at the place of business.

(c) A business may not charge a fee or place any other condition on its acceptance of cash as required by paragraph (a).

(c) A parking facility thatand acceptscommercial electronicground fundstransportation transfers.operations owned or operated by an airport or a seaport.

(d) A businessparking providingfacility servicesthat byaccepts accountants,electronic architects,funds attorneys,transfers. engineers, financial advisers, insurance agents, interior designers, software developers, or management and other consultants, not including services provided by licensed medical or allied health care practitioners.

(e) SalesA inbusiness whichproviding theservices businessby suspectsaccountants, thearchitects, useattorneys, ofengineers, counterfeitfinancial cash.advisers, insurance agents, interior designers, software developers, or management and other consultants, not including services provided by licensed medical or allied health care practitioners.

(f) TheSales usein ofwhich cashthe denominationsbusiness largersuspects thanthe $20use byof acounterfeit customer.cash.

(g) Single transactions above $5,000.

(4) A business that violates this section is subject to a civil penalty of up to $2,500 for a first offense, up to $5,000 for a second offense, and up to $10,000 for a third or subsequent offense, to be assessed by the department.

(5) The department shall adopt rules necessary to implement this section.

Florida Senate - 2024 CS for SB 106 34-00207-24601-02199-24 2024106__2024106c1 Section(g) 2.The use of cash denominations larger than $20 by a customer.

(h) Single transactions above $5,000.

(i) Secondary metals recyclers, as defined in s.

538.18.

(j) Continuous service or membership contract agreements.

(4) A business that violates this section is subject to a civil penalty of up to $2,500 for a first offense, up to $5,000 for a second offense, and up to $10,000 for a third or subsequent offense, to be assessed by the department.

(5) The department shall adopt rules necessary to implement this section.

Section 2.