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HB 281·AK·house

An Act relating to rounding cash transactions to the nearest five cents.

In CommitteeFiled Jan 26, 2026
Sponsor: Dan Saddler (R)
Latest Action

(H) Minutes (HSTA)

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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