An Act regarding currency efficiency and non-digital tendering scarcity
House: Bill reported favorably by committee and referred to the committee on House Ways and Means
Summary
The bill sets rules for rounding the cents portion of a purchase paid with cash if the buyer cannot provide exact change. Sellers must calculate taxes before rounding, disclose the rounding to the buyer, and can avoid rounding when exact cash or a non‑cash payment method is used. The goal is to simplify cash transactions and reduce the need for pennies.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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