Maryland SB893 allows merchants to round cash transaction prices and wages to the nearest five cents.

Maryland SB893 authorizes merchants to round cash transaction prices to the nearest five cents. This applies to in-person transactions and those made via phone, mail, or internet if the total price is less than a certain amount. The bill also allows employers to round wages paid in cash in a similar manner. It preempts any conflicting regulations, rules, or ordinances. The act is deemed an emergency measure necessary for public health or safety.

Maryland SB893 allows merchants to round cash transaction prices and wages to the nearest five cents.

Maryland SB893 authorizes merchants to round cash transaction prices to the nearest five cents. This applies to in-person transactions and those made via phone, mail, or internet if the total price is less than a certain amount. The bill also allows employers to round wages paid in cash in a similar manner. It preempts any conflicting regulations, rules, or ordinances. The act is deemed an emergency measure necessary for public health or safety.