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SB 2498·TN·senate

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.

Reported by CommitteeFiled Feb 2, 2026
Sponsor: Kyle
Latest Action

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

Apr 20, 2026

Summary

The bill directs the Department of Finance and Administration to create regulations that round cash sales to the nearest $0.05, ban rounding that benefits sellers, and require receipts to show the subtotal, rounding adjustment, and final total. It adds a violation for not following these rules. The measure aims to increase price transparency for cash‑paying consumers.

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

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