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Retail Business Must Accept Cash

Concerning a requirement that retail establishments accept United States currency for purchases.
2021 Regular Session
Business & Economic Development
Financial Services & Commerce
Bill Summary

The act requires retail establishments that offer goods or services to accept United States currency (cash) to purchase the goods or services, but does not apply to:

  • Establishments that do not have an individual accepting payment in person;
  • Establishments that provide a device to convert cash into a prepaid card with no fee and a minimum balance of no more than one dollar;
  • A transaction in which a security deposit is placed on a credit card or in which a credit card number is provided to cover unforeseen damages or expenses; and
  • A bank or credit union.

A violation is a class 2 petty offense punishable by a fine of up to $250. The act applies to offenses committed on or after the effective date of this act.

(Note: This summary applies to this bill as enacted.)


Became Law


Bill Text

Colorado legislature email addresses ending in are no longer active. Please replace with for Colorado legislature email addresses. Details

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details