Overview
- Arizona Gov. Katie Hobbs signed HB 2938, requiring checkout totals to be rounded to the nearest five cents when pennies are unavailable.
- Florida’s Legislature approved a bill authorizing retailers to round eligible cash transactions to the nearest nickel, with trade groups praising the move.
- Ohio Reps. Bill Roemer and Thomas Hall introduced HB 737 to require rounding on cash purchases, and the proposal is awaiting committee assignment.
- The rounding follows a symmetrical formula that adjusts only the final cash total—1–2¢ and 6–7¢ round down; 3–4¢ and 8–9¢ round up—without changing electronic payments or sales-tax calculations.
- Penny production ended in late 2025 because minting cost about 3.69 cents per coin, with projected federal savings near $56 million, and retailers such as Kroger and Kwik Trip have begun operational adjustments.