Repeal Louisiana's Ban on Cash

Repeal Louisiana's Ban on Cash

The Issue

In the 2011 regular session, the State Legislature and Governor of Louisiana passed a law that bans individuals and businesses from transacting in cash if they are considered a secondhand dealer. House Bill 195 (Act 389) broadly defines a secondhand dealer to include "Anyone, other than a non-profit entity, who buys, sells, trades in or otherwise acquires or disposes of junk or used or secondhand property more frequently than once per month from any other person, other than a non-profit entity, shall be deemed as being in the business of a secondhand dealer." The law then states that "A secondhand dealer shall not enter into any cash transactions in payment for the purchase of junk or used or secondhand property.."

Help demand the repeal of this law, and support an amendment to the state constitution which may read:

"The state or any of its political subdivisions are prohibited from restricting the free and unencumbered use of United States legal tender."

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The Issue

In the 2011 regular session, the State Legislature and Governor of Louisiana passed a law that bans individuals and businesses from transacting in cash if they are considered a secondhand dealer. House Bill 195 (Act 389) broadly defines a secondhand dealer to include "Anyone, other than a non-profit entity, who buys, sells, trades in or otherwise acquires or disposes of junk or used or secondhand property more frequently than once per month from any other person, other than a non-profit entity, shall be deemed as being in the business of a secondhand dealer." The law then states that "A secondhand dealer shall not enter into any cash transactions in payment for the purchase of junk or used or secondhand property.."

Help demand the repeal of this law, and support an amendment to the state constitution which may read:

"The state or any of its political subdivisions are prohibited from restricting the free and unencumbered use of United States legal tender."

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Petition created on November 14, 2011