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

The bill further clarifies that sellers are not in violation of any other laws if they comply with this rounding requirement and that it is intended to align with federal laws regarding U.S. coinage. The enforcement of this section will be managed by the Weights and Measures Division of the Arizona Department of Agriculture, which will have the authority to issue warnings and impose civil penalties. The chapter heading of Title 44, Chapter 38 will also be updated from "BUSINESSES EXEMPT FROM MASK MANDATE" to "BUSINESSES GENERALLY." This act is designated as an emergency measure, effective immediately upon enactment.

Statutes affected:
Introduced Version: 44-7952
House Engrossed Version: 44-7952
Chaptered Version: 44-7952