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
Floor votes
How they voted
No floor votes recorded yet.
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
David Gregory
RRepublican
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