An Act regarding currency efficiency and non-digital tendering scarcity

This bill requires businesses in Massachusetts to round transaction amounts to the nearest five cents when customers pay with cash and cannot provide exact change. The rounding rule generally rounds down amounts ending in one, two, six, or seven cents, while rounding up amounts ending in three, four, eight, or nine cents, with a specific exception allowing small transactions of one or two cents to round up to five cents. Sellers must calculate and remit taxes based on the original price before rounding occurs, and they must clearly disclose this rounding policy to customers. The legislation also mandates that the Office of Consumer Affairs and Business Regulation issue guidance to help businesses implement these new cash payment rules.