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HB 2819

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

2026 Regular Session Introduced by George Hruza and 1 co-sponsor

Missouri bill requires cash transactions to round to nearest five-cent increment, addressing penny scarcity in circulation and simplifying retail transactions.

Delivered to Governor
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Bill Summary · HB 2819

Legislative bill overview

HB 2819 modifies Missouri law regarding cash transaction rounding, requiring certain transactions to round to the nearest five-cent denomination instead of the current standard. This addresses the practical reality that the U.S. penny is increasingly uncommon in circulation and creates friction in cash-based transactions.

Why is this important

As pennies become scarcer and more costly to produce, rounding rules affect small businesses, retailers, and consumers in everyday transactions. Clear statutory guidance on rounding practices prevents confusion, reduces transaction disputes, and could streamline cash handling operations across the state.

Potential points of contention

  • Consumer impact: Some consumers may perceive five-cent rounding as unfavorable depending on whether transactions round up or down, potentially affecting purchasing power over time
  • Business compliance: Retailers must update cash registers and training procedures, creating implementation costs and potential confusion during transition periods
  • Pennies and charitable giving: Rounding rules could affect penny drives and charitable coin collection programs if customers receive fewer pennies in change
  • Small transaction logistics: Unclear whether rounding applies uniformly or has exceptions for specific transaction types, which could create inconsistent application

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

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