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Bill

Bill

HB 1112

Commerce and trade; rounding of total price of sale of goods or services when using legal tender; provide

2025-2026 Regular Session Introduced by Carter Barrett and 5 co-sponsors

Georgia bill establishing standardized rules for rounding final sale prices in cash transactions to nearest payable currency denomination.

Act 445
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WeVote Research Nonpartisan
Bill Summary · HB 1112

Legislative bill overview

HB 1112 addresses the rounding of total prices when transactions are conducted using legal tender (physical cash). The bill appears to establish rules or standards for how businesses must handle rounding when the final sale price ends in fractions of a cent that cannot be paid with available denominations of currency.

Why is this important

As digital payments become dominant, cash transactions are declining but still occur regularly. Clear rounding rules prevent disputes between consumers and businesses, ensure uniform commercial practices across the state, and protect both parties from confusion about final amounts owed or tendered.

Potential points of contention

  • Rounding direction standards — Whether rounding should always favor the consumer (down), the business (up), or alternate based on circumstance could significantly impact small transactions across millions of yearly sales
  • Digital currency implications — The bill's focus on "legal tender" may create complications if Georgia moves toward digital dollar systems or if retailers use electronic price displays that differ from rounding rules
  • Retail burden and compliance — Small businesses may face increased complexity in point-of-sale systems if forced to implement specific rounding protocols, potentially requiring software updates

Compiled from official sources — confirm details with the bill’s official record.

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