A new law bans some businesses from going fully cashless in New York State.
A bipartisan bill signed by Gov. Kathy Hochul last month “prohibits food stores and retail establishments from refusing to accept payment in cash.” The legislation, similar to laws in other states like New Jersey in Colorado, is expected to take effect March 20, 2026.
According to the bill, businesses will be fined if they refuse cash payments. A maximum civil penalty of $1,000 will be issued for the first violation and no more than $1,500 for each successive violation…