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Bill

HB 951

One-cent Piece

2026 Regular Session Introduced by Fiona McFarland and 1 co-sponsor

Florida bill addresses one-cent piece policy in state transactions with unclear specific provisions; referred to Commerce Committee after subcommittee approval.

Laid on Table, refer to CS/SB 1074
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Bill Summary · HB 951

Legislative bill overview

HB 951 addresses Florida's treatment of the penny (one-cent piece) in state commerce and transactions. The bill has advanced through the Insurance & Banking Subcommittee with a favorable recommendation and a committee substitute, but was subsequently laid on table, halting its progress.

Why is this important

Penny-related legislation typically concerns cash rounding policies, penny circulation, or cost-of-production issues that affect businesses, consumers, and state commerce. Such policies can impact small transactions, retail operations, and accessibility of currency.

Potential points of contention

  • Cash rounding implications: Whether eliminating or restricting pennies in certain transactions affects low-income consumers who rely on exact cash payments
  • Business compliance costs: The expense and logistics for retailers to adjust pricing, registers, and transactions if penny use is modified
  • Currency policy authority: Whether states have proper jurisdiction over federal currency, or if this conflicts with U.S. Mint authority and interstate commerce standards

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

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