Legal tender; authorizing the rounding of in-person cash transactions to the nearest five cents
This bill would allow cash transactions in Alabama to be rounded to the nearest five cents, affecting businesses and consumers who use cash for purchases. The rounding follows specific rules based on the final digit of the transaction amount, with no changes to sales prices, taxes, or fees. The law applies only to in-person cash payments and excludes transactions involving cards, checks, or payments to government agencies. If a transaction uses both cash and another payment method, rounding would apply only to the cash portion.
Bill status
died
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 11, 2026
Last action Apr 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
2
Committee
2
Mar 19, 2026
Upper · Passed
Reported Out of Committee House of Origin
upper
Mar 11, 2026
Upper · Passed
Pending Committee Action in House of Origin (Banking and Insurance)
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jay Hovey
RRepublican
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