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Bill > HB2492
TN HB2492
TN HB2492AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 18 and Title 67, relative to cash transaction rounding.
summary
Introduced
02/03/2026
02/03/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, requires the department to promulgate rules relating to cash transaction rounding. - Amends TCA Title 47, Chapter 18 and Title 67.
AI Summary
This bill mandates that the Tennessee Department of Finance and Administration create regulations for how cash transactions are rounded, ensuring that rounding is done to the nearest five cents ($0.05) using a specific method that prevents sellers from unfairly benefiting. These regulations will also require that receipts clearly show the subtotal, any rounding adjustments, and the final total for each transaction. The department will enforce these rules, which must follow the Uniform Administrative Procedures Act, and failing to comply with these cash transaction rounding rules will be considered a violation under existing consumer protection laws.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Assigned to s/c Banking & Consumer Affairs Subcommittee (on 02/05/2026)
bill text
bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=HB2492&ga=114 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB2492.pdf |
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