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Committee hears testimony on bill to require state agencies to accept cash
Summary
The House Committee on Government Operations heard testimony on House Bill 5340, which would amend the Management and Budget Act to require state agencies that accept payments to accept cash without charging additional fees. Supporters cited access, privacy and outage risks; members pressed implementation, security and fraud concerns.
Lansing — The House Committee on Government Operations on Feb. 19 heard testimony on House Bill 5340, which would amend the Management and Budget Act to require state agencies that accept payment to accept cash and prohibit charging additional fees for cash.
May, staff for Representative Paquette and the bill presenter, told the committee the measure is meant to prevent a future 'cashless society' and to ensure state agencies model acceptance of legal tender. "This bill would have no fiscal impact on the state or local units of government," she said. May cited national and state figures, saying "Swipe fees have risen 70% since the pandemic and reached a record of a hun $187,200,000,000…
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