An act relating to rounding cash transactions

H 837, the "Nickel Rounding for Cash Transactions Act," authorizes businesses to round cash transaction totals to the nearest five cents when one-cent coins are unavailable. It specifies rounding down for amounts ending in 1-2 or 6-7 cents and up for 3-4 or 8-9 cents, while requiring businesses to post clear notices and calculate taxes based on the pre-rounding amount. The bill applies only to cash payments (not electronic transactions, wages, or federal-regulated transactions) and ensures rounding doesn’t count as a price increase or deceptive practice. It takes effect July 1, 2026, directly affecting Vermont businesses and customers making cash purchases.