SB 365·AL·senate
Legal tender; authorizing the rounding of in-person cash transactions to the nearest five cents
FailedFiled Mar 11, 2026
Sponsor: Jay Hovey (R)
Latest Action
Currently Indefinitely Postponed
Apr 7, 2026
Summary
The bill lets merchants round the total of any in‑person cash sale to the nearest five cents using a set of rounding rules. It applies only to cash payments and does not change the sales price, tax, fees, or any amounts paid to government agencies. The aim is to simplify cash handling.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when SB 365 changes status, plus AI-powered summaries and stage predictions.
Sign up free