California SB1005 allows local agencies to round cash payments to the nearest five cents to address operational challenges due to a shortage of U.S.

California SB1005, passed to address the shortage of U.S. pennies, allows local agencies to round cash payments to the nearest five cents. This rounding applies to taxes, fees, charges, and other cash transactions. The rounding is effective only if the local agency's governing body adopts a resolution by majority vote. The rounding aims to maintain efficient public service delivery and public confidence in cash-based transactions.

California SB1005 allows local agencies to round cash payments to the nearest five cents to address operational challenges due to a shortage of U.S.

California SB1005, passed to address the shortage of U.S. pennies, allows local agencies to round cash payments to the nearest five cents. This rounding applies to taxes, fees, charges, and other cash transactions. The rounding is effective only if the local agency's governing body adopts a resolution by majority vote. The rounding aims to maintain efficient public service delivery and public confidence in cash-based transactions.