- (a) In this subtitle the following words have the meanings indicated.
(b)
- (1) “Cash” means United States coins and currency.
(2) “Cash” does not include:
- (i) a paper instrument other than a Federal Reserve note; or
- (ii) a gift card.
- (c) “Customer” means a purchaser of a good or service from a merchant.
- (d) “Merchant” means a person engaged in the trade or business of the sale of goods or services.
(e) “Price” means the amount due and payable by a customer for a good or service after a merchant:
- (1) subtracts any discount or deduction; and
- (2) applies any applicable tax or fee.
Added by Acts 2026, c. 515, § 1, eff. May 12, 2026; Acts 2026 c. 516 § 1, eff. May 12, 2026.