New JerseyMerchants could round cash totals under set penny rules
If enacted, New Jersey merchants accepting cash could choose to round final totals after taxes, fees, discounts, and other adjustments.
What it does
Merchants that accept cash could choose to round the final total under set rules: some cent endings round down and others round up. The rules apply after taxes and other adjustments.
Argument forCustomers and merchants could settle some cash totals in five- or ten-cent amounts, which may make cash payments simpler.
Argument againstSome cash customers could pay a few cents more when totals ending in three, four, eight, or nine cents round up.
More detail
A merchant that accepts cash may choose to round a transaction total according to the listed cent endings. The rules cover merchants that accept cash and choose to round totals at the point of sale. Apply rounding only to the final total, after taxes, fees, discounts, and other adjustments. These rules do not apply to checks, cards, wire transfers, or other non-cash payments. A voluntary donation program may still round a purchase up if customers can choose whether to take part. The measure would take effect 30 days after enactment.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 28Received in the Senate, Referred to Senate Budget and Appropriations CommitteeLatest
- Sep 24Passed by the Assembly (62-4-9)Passed 1st Chamber
- Vote recorded 3RDG FINAL PASSAGE. Result: pass.Lower
- Sep 17Reported out of Assembly Comm. with Amendments, 2nd ReadingMinor
- Vote recorded Reported out of Assembly committee with amendments. Result: pass.Lower
- Jun 8Introduced, Referred to Assembly Financial Institutions and Insurance CommitteeIntroduced
Consumer Protection