1 bill · 2026 Regular Session
Amends and adds to existing law to provide certain provisions regarding cash rounding.
This legislation amends Chapter 36, Title 63 to provide cash rounding guidance for goods and services when purchasers pay in cash and there are no pennies available for change. The U.S. Treasury stopped minting the penny (coin) on November 12, 2025, and supply of the penny is diminishing. Non cash payments, such as electronic payment by credit and debit cards will not be affected. Taxes shall be computed on the total price before rounding occurs. This guidance for cash rounding is optional, but represents industry best practices.