Mississippi SB2680 mandates rounding cash purchases to the nearest five-cent denomination for merchants.
Mississippi SB2680 requires merchants to round the total price of goods and services sold to the nearest five-cent denomination when paid in cash. This rounding applies to sums ending in 1¢, 2¢, 4¢, 6¢, 7¢, 8¢, or 9¢, rounding down or up as appropriate. Exceptions include transactions under 4¢ and those paid by instruments like credit or debit cards. The bill ensures that taxes are not affected by this rounding. The Department of Finance and Administration will implement regulations for this act, effective July 1, 2026.
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