Consumer protection: unfair trade practices; refusing to accept cash in a retail sale of goods or services; prohibit. Amends sec. 3 of 1976 PA 331 (MCL 445.903).

1. **ONE-SENTENCE SUMMARY:** This bill prohibits retail businesses in Michigan from refusing to accept cash as payment for goods or services. 2. **KEY REQUIREMENTS:** - Accept cash as a valid form of payment for all retail sales. - Ensure that cash payment options are clearly communicated to customers. 3. **DEADLINES:** - The bill is currently in the introduction stage; if passed, the effective date will be specified in the final legislation. 4. **PENALTIES:** - Businesses that violate this law may face fines or other enforcement actions as determined by state regulatory authorities. 5. **SMB IMPACT:** Small businesses will need to adjust their payment policies to accommodate cash transactions, which may require additional training for staff and changes to cash handling procedures. This could also help attract customers who prefer cash payments.