Maryland HB1026 authorizes rounding cash transactions for goods and services and wages.
Maryland HB1026 allows merchants to round the total price of goods or services to the nearest five cents in cash transactions, except for exact change exchanges. It also permits employers to round wages paid in cash to the nearest five cents. The bill defines terms such as "cash," "customer," "merchant," and "total price." It preempts conflicting regulations and rules, and authorizes the Secretary to adopt regulations to implement the subtitle.
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