Finance and Administration, Dept. of - As introduced, requires the department to promulgate rules relating to cash transaction rounding. - Amends TCA Title 47, Chapter 18 and Title 67.

SB 2498 requires Tennessee's Department of Finance and Administration to create rules governing cash transaction rounding for businesses. The rules must mandate rounding to the nearest five cents, prevent systematic rounding that favors sellers, and require receipts to clearly show subtotals, rounding adjustments, and the total price. This bill amends Tennessee Code to establish these requirements and directs the department to enforce them using existing resources. It directly affects businesses that accept cash payments and their customers by standardizing rounding practices and increasing transaction transparency.