This bill proposes to amend Title 44, Chapter 38 of the Arizona Revised Statutes by adding Section 44-7952, which mandates the use of Swedish rounding for cash transactions when one-cent coins are unavailable or not used. Specifically, it requires sellers to round total transaction amounts to the nearest five-cent increment based on the last digit of the amount. The bill also stipulates that this rounding method applies after taxes and fees are calculated, and it exempts transactions made via non-cash payment methods. Additionally, sellers must post a notice at the point of sale informing customers of this rounding practice.

Furthermore, the bill updates the chapter heading from "BUSINESSES EXEMPT FROM MASK MANDATE" to "BUSINESSES GENERALLY" and includes provisions for enforcement by the Arizona Department of Agriculture's Weights and Measures Division. It clarifies that compliance with this rounding requirement does not violate any other state or municipal laws and ensures that the rounding method aligns with federal coinage laws. The bill is designated as an emergency measure, effective immediately upon enactment.

Statutes affected:
Introduced Version: 44-7952
Senate Engrossed Version: 44-7952