Finance and Administration, Dept. of - As introduced, requires the department to promulgate rules relating to cash transaction rounding. - Amends TCA Title 47, Chapter 18 and Title 67.

Summary

The bill directs Tennessee’s Department of Finance and Administration to issue regulations that round cash transactions to the nearest $0.05, prohibit rounding that benefits the seller, and require receipts to list the subtotal, any rounding adjustment, and the final total. It applies to any business that accepts cash payments. The goal is to make cash pricing transparent and fair for consumers.

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

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