Bill
Bill > HB1512
summary
Introduced
02/13/2026
02/13/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Requiring, if a merchant rounds up the price of a cash transaction for a good or service in a certain manner, the merchant to remit to the Comptroller the difference between the total price the customer is required to pay after the rounding occurs and the price before the rounding occurs; and requiring the Comptroller to distribute certain revenue to the General Fund of the State.
AI Summary
This bill requires merchants in Maryland to remit to the Comptroller, the state's chief financial officer, any amount by which they round up the total price of a cash transaction for goods or services to the nearest 5 cents, unless the customer explicitly agrees to the rounding for the purpose of making a donation. "Cash" is defined as U.S. coins and paper currency, excluding certain paper instruments and gift cards, and a "merchant" is any person selling goods or services. The Comptroller will then deposit this collected revenue into the State's General Fund, which is the primary account for state government revenue. This measure aims to ensure that any extra money collected through this specific type of rounding is accounted for and goes to the state.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
House Economic Matters Hearing (13:00:00 3/11/2026 ) (on 03/11/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1512?ys=2026RS |
| BillText | https://mgaleg.maryland.gov/2026RS/bills/hb/hb1512f.pdf |
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