Signed into LawFiled Jan 28, 2026
Sponsor: Mike Gabbard (D)
Latest Action
Act 159, 06/25/2026 (Gov. Msg. No. 1260).
Jun 26, 2026
Summary
The bill lets merchants, service providers, and employers round cash transactions to the nearest five‑cent amount. It applies only to payments made with legal tender and excludes all electronic or card payments. The change is meant to help businesses cope with the federal halt on penny production.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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