A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING ARTICLE 17 TO CHAPTER 1, TITLE 1 SO AS TO PROVIDE THAT ANY ESTABLISHMENT THAT HOLDS A RETAIL LICENSE TO DO BUSINESS IN THIS STATE MUST ACCEPT CASH PAYMENTS FOR TRANSACTIONS.

 

Be it enacted by the General Assembly of the State of South Carolina:

 

SECTION 1.  Chapter 1, Title 1 of the S.C. Code is amended by adding:

 

Article 17

 

Cash Payments

 

    Section 1-1-1110.  (A) An establishment that holds a retail license to do business in this State and has an individual accepting payment in person must accept cash payments for transactions up to two thousand dollars.

    (B) This section does not apply to automated services or online transactions.

 

SECTION 2.  This act takes effect upon approval by the Governor.

----XX----