SB 1620 Missouri Senate · 2026 Regular Session

Modifies provisions relating to the calculation of sales tax for certain cash transactions

SB 1620 allows retail vendors to round the final total of cash transactions to the nearest five cents, avoiding fractional pennies. Specifically, totals ending in $0.01-$0.02 or $0.06-$0.07 round down, while $0.03-$0.04 or $0.08-$0.09 round up. This rounding applies only to cash payments and does not change how tax is calculated or reported - vendors must still remit the correct tax amount based on established brackets. The bill directly affects businesses collecting sales tax on cash sales in Missouri, ensuring simplified transaction handling without altering tax liability.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2026 Last action Mar 11, 2026
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Full legislative history

Actions timeline

Total actions
4
Key actions
2
Committee
2
Mar 11, 2026
Upper · Passed
Voted Do Pass S Economic and Workforce Development Committee
upper
Mar 4, 2026
Upper · Passed
Hearing Conducted S Economic and Workforce Development Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of David Gregory
David Gregory
RRepublican
MO
15