Business and Commerce - As enacted, authorizes a private entity that is engaged in business with the public and accepts cash payments to round off all figures used in the transaction amount to the nearest nickel, if exact change is not available; authorizes a financial institution that provides currency in exchange for a payment instrument received to round off all figures used in the transaction amount to the nearest nickel, if exact change is not available. - Amends TCA Title 9; Title 45; Title 47, Chapter 50; Title 47, Chapter 18 and Title 67.
SB 1810 requires businesses and public entities accepting cash payments to round transactions to the nearest nickel when exact change isn't available, directly affecting retailers, service providers, and government offices handling cash. It specifies that amounts ending in 1-2 cents or 5-6 cents round down, while 3-4 cents or 7-9 cents round up, using the hundredths place to determine the rounding point. The rule applies only to cash transactions, excluding electronic payments and mixed-tender payments (where only the cash portion is rounded). It explicitly preserves exact sales tax calculations and does not alter non-cash payment systems or tax remittance requirements.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2026
Last action Mar 23, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
3
Feb 24, 2026
Upper · Passed
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0
upper
Feb 17, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 2/24/2026
lower
Jan 22, 2026
Committee
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Jan 21, 2026
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shane Reeves
RRepublican
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