Legal tender; authorizing the rounding of in-person cash transactions to the nearest five cents
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This Alabama bill allows businesses to round in-person cash transactions to the nearest five cents. The bill outlines a specific methodology for rounding, ensuring consistency. It does not affect sales prices, taxes, or other payment methods like credit cards or electronic transfers. The Department of Revenue will post a notice on their website about this change.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Enrolled
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
11 on record
Primary sponsor
Cosponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours