An Act providing for rounding of certain payment sums paid by physical legal tender.

Summary

The bill directs state agencies, local governments and public utilities that take in‑person cash to round transaction totals to the nearest five‑cent amount. Amounts ending in 1, 2, 6 or 7 cents are rounded down; amounts ending in 3, 4, 8 or 9 cents are rounded up. The rule does not apply to non‑cash payments and includes special handling for very small “micro‑transactions.”

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

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