Adjusts the price of cash transactions to eliminate the need for pennies.

The bill mandates that the total price of cash transactions be rounded to the nearest five cents, eliminating the need for pennies. If the total price ends in one, two, six, or seven cents, it must be rounded down. If it ends in three, four, eight, or nine cents, it must be rounded up. This rounding applies only to transactions paid with legal tender, excluding those paid by credit card, debit card, or other instruments. The Department will adopt rules for transactions involving a mix of payment methods.

Adjusts the price of cash transactions to eliminate the need for pennies.

The bill mandates that the total price of cash transactions be rounded to the nearest five cents, eliminating the need for pennies. If the total price ends in one, two, six, or seven cents, it must be rounded down. If it ends in three, four, eight, or nine cents, it must be rounded up. This rounding applies only to transactions paid with legal tender, excluding those paid by credit card, debit card, or other instruments. The Department will adopt rules for transactions involving a mix of payment methods.