SB2498 amends Tennessee law to regulate cash transaction rounding practices.
SB2498 amends Tennessee Code to establish rules for cash transaction rounding. The Department of Finance and Administration must create rules requiring rounding to the nearest five cents, prohibiting practices favoring sellers, and ensuring receipts clearly itemize transaction subtotals, rounding adjustments, and final amounts. The act takes effect immediately upon becoming law.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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