Require cash payments to the government be rounded to a nickel

Summary

The bill mandates that any tax, toll, fee, fine or other charge paid in cash to the state, a state agency, or a local government be rounded to the nearest nickel. Merchants who accept cash must apply the same rounding and adjust the tax they remit accordingly. The goal is to simplify cash transactions and reduce the use of pennies.

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

Topics

Share