✔️ SB30
Require retail merchants to give customers the option to pay cash
Current Status: In Senate Committee (Small Business and Economic Opportunity)
Summary
The bill requires retail merchants in Ohio to provide customers with the option to pay in cash for goods and services. It prohibits merchants from mandating credit payments and establishes penalties for violations, allowing consumers to seek legal recourse. Certain exceptions apply, including for specific venues and payment methods.
Rationale
The bill supports consumer choice in payment methods, aligning with the LP and LPO principles of individual rights and free markets. However, it imposes a government mandate on businesses, which may conflict with the LP's emphasis on minimal government intervention.
Risks and Concerns
- Potential for increased regulatory burden on businesses
- Possibility of unintended consequences in retail operations