Bill
SB 1014
Trade: business practices; requirement for rounding down certain cash transactions; provide for. Amends secs. 2 & 7 of 2011 PA 15 (MCL 445.312 & 445.317).
2025-2026 Regular Session
Introduced by Rosemary Bayer and 3 co-sponsors
When paying cash, the final price must be rounded down to the nearest 5 cents, while taxes and display rules remain largely unchanged.
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION