HB 281 Alaska House · 34th Legislature (2025-2026)

An Act relating to rounding cash transactions to the nearest five cents.

HB 281 requires businesses processing cash transactions to round totals to the nearest five cents using specific rules: totals ending in 1-2 or 6-7 cents round down, while those ending in 3-4 or 8-9 cents round up. It directly affects retailers, restaurants, and other businesses that handle cash payments for goods or services. The bill excludes electronic payments (like credit cards or debit) and clarifies that rounding does not impact state or local tax calculations. This policy change standardizes cash rounding practices for in-person transactions only.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 26, 2026 Last action May 14, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
15
Key actions
1
Committee
2
May 13, 2026
Committee
(H) REFERRED TO FINANCE
lower
May 12, 2026
Lower · Passed
(H) Moved HB 281 Out of Committee
lower
1 primary · 2 co-sponsors

Sponsors