The bill introduces a new provision allowing for the rounding of in-person cash transaction amounts to the nearest five cents. The rounding methodology specifies that amounts ending in one or two will be rounded down to zero, amounts ending in three or four will be rounded up to five, amounts ending in six or seven will be rounded down to five, and amounts ending in eight or nine will be rounded up to zero. It is important to note that this rounding does not affect the sales price, tax amounts, or any fees associated with the transaction. Additionally, the rounding rule applies only to cash transactions and does not extend to payments made through other methods such as credit cards, checks, or electronic funds transfers.

Furthermore, the bill stipulates that the rounding provision will not apply to transactions involving governmental entities. The Department of Revenue is tasked with posting a notice on its website to inform the public about the new rounding authorization. The bill is set to take effect immediately upon passage, with the Senate amending and passing it on April 7, 2026, and the House concurring with the Senate amendment shortly thereafter.