Business Regulation - Rounding Cash Transactions - Authorization

Summary

The bill lets businesses round the price a customer pays with cash, either up or down, to the nearest multiple of five cents, and also allows employers to round cash wages in the same way. It applies to in‑person, telephone, mail or internet sales where the cash price is at least five cents, and to smaller amounts under five cents by rounding up to five cents. The change clarifies that the rounded amount is not subject to sales tax.

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

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