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