Change
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill would change South Carolina law regarding when merchants must provide exact change. If a merchant cannot give the exact amount of change requested by a customer, they are required to round up or down to the nearest nickel. This change is intended to simplify transactions when exact change is unavailable. The bill awaits approval by the Governor.
Key provisions
- Merchants must round up or down to the nearest nickel when unable to provide exact change.
- The rounding rule applies to transactions in South Carolina.
- The change is intended to simplify transactions.
- The bill requires rounding to the nearest nickel.
Who is affected
- Merchants
- Customers
- Retail businesses
Notable changes
- Currently, merchants are required to provide exact change. This bill introduces a rounding rule.
- The rounding rule applies to amounts in increments of five cents.
Bill text
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