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MO HB2819

MO HB2819
Modifies provisions relating to certain cash transactions requiring rounding to the nearest five cent denomination


summary

Introduced
01/07/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Modifies provisions relating to certain cash transactions requiring rounding to the nearest five cent denomination

AI Summary

This bill modifies existing law regarding how sales tax is handled in cash transactions by allowing vendors to round the total sale amount to the nearest five cents, specifically rounding down amounts ending in $0.01, $0.02, $0.06, or $0.07, and rounding up amounts ending in $0.03, $0.04, $0.08, or $0.09. This rounding is only permitted for cash transactions and applies only to the final total after all items, discounts, and taxes are calculated, and it does not affect the amount of tax that must still be remitted to the department of revenue. The bill also clarifies that this rounding does not apply to transactions paid by credit, debit, or other noncash methods, and that vendors acting in good faith and in compliance with these rounding provisions will not be in violation of any state or local laws or regulations.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

Placed on the Informal Perfection Calendar (H) (on 02/24/2026)

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