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Protecting Cash: Ensuring a Viable Payment Option for All Citizens

This House of Representatives resolution emphasizes the importance of maintaining cash as a widespread and accessible form of payment. It aims to protect citizens' financial privacy and ensure that individuals without access to digital banking can still freely make purchases and pay for services.
Key points
Cash remains legal tender for all debts and charges, as stated on banknotes.
Many businesses refuse cash, creating issues for those valuing privacy or lacking bank accounts.
Approximately 1 in 5 U.S. households lack regular access to non-cash payment methods, particularly affecting lower-income groups.
Maintaining cash helps protect against identity theft and fraud risks associated with digital data.
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Status:
Expired
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Additional Information
Print number: 118_HRES_341
Sponsor: Rep. Rose, John W. [R-TN-6]
Process start date: 2023-04-28
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Expressing the sense of the House of Representatives that it is important to maintain cash as a robust and viable payment option.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HRES_341.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-04-28.

What are the main provisions?

Key points include:

  • Cash remains legal tender for all debts and charges, as stated on banknotes.
  • Many businesses refuse cash, creating issues for those valuing privacy or lacking bank accounts.
  • Approximately 1 in 5 U.S. households lack regular access to non-cash payment methods, particularly affecting lower-income groups.
  • Maintaining cash helps protect against identity theft and fraud risks associated with digital data.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Rose, John W. [R-TN-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Courts and Law