Bills › 91st General Assembly
Relating to accepted forms of payment by a commercial enterprise
Topics:Business & economy
Where it is now
- Done: IntroducedFebruary 27, 2025
- Done: SubcommitteeFebruary 27, 2025
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Businesses with physical stores in Iowa must accept cash as a form of payment. They are not allowed to operate locations that only take cards or digital payments. If a business breaks this rule, they could lose their license to do business in the state.1
Read the official explanation
This bill relates to the forms of payment accepted by a commercial enterprise. Under the bill, a commercial enterprise transacting business in this state from a physical location shall accept cash as a form of payment, and shall not maintain a cash-free location. A violation of the bill shall result in the revocation of a commercial enterprise’s license to conduct business in this state. The department of insurance and financial services shall adopt rules to administer the bill.
House subcommittee
Named February 27, 2025. It hasn’t reported yet.
- Rep. Bobby Kaufmann REmail
- Rep. Craig P. Johnson REmail
- Rep. Scheetz
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part