SB 1620·MO·senate
Modifies provisions relating to the calculation of sales tax for certain cash transactions
FailedFiled Feb 3, 2026
Sponsor: David Gregory (R)
Latest Action
Voted Do Pass S Economic and Workforce Development Committee
Mar 11, 2026
Summary
The bill lets merchants round the final amount due on a cash purchase—including sales tax—to the nearest $0.05. It does not apply to any non‑cash payment method. The change would affect retailers and consumers who pay with cash, aiming to simplify transactions and avoid penny‑level amounts.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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