Legal tender; authorizing the rounding of in-person cash transactions to the nearest five cents

Summary

The law lets merchants round the total of any cash transaction up or down to the nearest five cents using a set rule for the final digit. It applies only to cash payments and does not affect taxes, fees, or transactions paid by credit, debit, check, gift card, or to government agencies. The change is intended to simplify cash handling and reduce the need for pennies.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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