HB 281·AK·house
An Act relating to rounding cash transactions to the nearest five cents.
In CommitteeFiled Jan 26, 2026
Sponsor: Saddler
Latest Action
(H) Scheduled but Not Heard
May 14, 2026
Summary
The bill tells merchants to round the total of any cash sale to the nearest five cents after discounts and taxes are added. It specifies when to round up or down and does not apply to payments made by card, electronic transfer, or similar methods. The rounding difference is not subject to tax.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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