A bill for an act relating to accepted forms of payment by a commercial enterprise.

HSB 269 requires all physical businesses operating in Iowa to accept cash as a payment method and prohibits maintaining cash-free locations. This directly affects commercial enterprises with physical storefronts in the state. Violating the law results in license revocation by the state, and the Department of Insurance and Financial Services will create implementing rules. The bill aims to ensure cash remains a universally accessible payment option for customers.