California AB1793 regulates rounding of cash payments in retail transactions.

California AB1793, known as the California Common Cents Act, mandates how merchants round cash payments in retail transactions. If the total transaction price ends with certain cents, it must be rounded up or down to the nearest amount divisible by five. This rounding does not apply if the total transaction price is two cents or less, or if the payment is made entirely by non-cash means. Merchants are protected from violations of state or local laws for complying with this rounding. The act also specifies that rounding adjustments are disregarded for tax, fee, or surcharge calculations.

California AB1793 regulates rounding of cash payments in retail transactions.

California AB1793, known as the California Common Cents Act, mandates how merchants round cash payments in retail transactions. If the total transaction price ends with certain cents, it must be rounded up or down to the nearest amount divisible by five. This rounding does not apply if the total transaction price is two cents or less, or if the payment is made entirely by non-cash means. Merchants are protected from violations of state or local laws for complying with this rounding. The act also specifies that rounding adjustments are disregarded for tax, fee, or surcharge calculations.