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HB545 Alabama 2026 Session

Updated Apr 6, 2026
Notable

Summary

Session
2026 Regular Session
Title
Legal tender; authorizing the rounding of in-person cash transactions to the nearest five cents
Summary

The bill allows rounding in-person cash purchases to the nearest five cents.

What This Bill Does

If enacted, cash transactions paid in person can be rounded to the nearest five cents using a specific rule. The rounding follows: final digit 1 or 2 rounds down to zero; 3 or 4 rounds up to five; 6 or 7 rounds down to five; 8 or 9 rounds up to zero; a final digit of five or zero is not rounded. The rounding applies to the cash portion of the transaction (either the total amount or the change, if chosen) and does not change prices, taxes, or any non-cash payments. It does not apply to transactions paid to government entities, and if both cash and another payment method are used, only the cash portion is rounded. The Department of Revenue must post notice about the rounding on its website. The act becomes effective immediately.

Who It Affects
  • In-person cash customers, who may see the amount they owe or receive as change rounded when paying with cash
  • Retailers and cashiers/merchants, who must apply the rounding rules in cash transactions
Key Provisions
  • Rounding to the nearest five cents using the specified final-digit rules
  • Rounding may apply to the total transaction amount or to the change given, but not to taxes, surcharges, or non-cash payments
  • If a transaction uses both cash and another payment method, only the cash portion is rounded
  • Does not apply to transactions paid to governmental entities
  • Department of Revenue must post a notice about the rounding on its website
  • Effective immediately
AI-generated summary using openai/gpt-5-nano-2025-08-07 on Mar 31, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects
Consumer Protection

Bill Actions

S

Read for the Second Time and placed on the Calendar

S

Reported Out of Committee Second House

S

Pending Senate Banking and Insurance

S

Read for the first time and referred to the Senate Committee on Banking and Insurance

H

Engrossed

H

Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 1019

H

Motion to Adopt - Adopted Roll Call 1018 MS3I61H-1

H

Financial Services Engrossed Substitute Offered MS3I61H-1

H

Third Reading in House of Origin

H

Read for the Second Time and placed on the Calendar

H

Reported Out of Committee House of Origin from House Financial Services MS3I61H-1

H

Pending House Financial Services

H

Read for the first time and referred to the House Committee on Financial Services

Calendar

Hearing

Senate Banking and Insurance Hearing

Finance and Taxation at 09:15:00

Hearing

House Financial Services Hearing

Room 617 at 12:30:00

Bill Text

Votes

Motion to Read a Third Time and Pass as Amended - Roll Call 1019

March 19, 2026 House Passed
Yes 100
No 1
Abstained 1
Absent 3

Third Reading in House of Origin

March 19, 2026 House Passed
Yes 101
No 1
Abstained 1
Absent 2

HBIR: Passed by House of Origin

March 19, 2026 House Passed
Yes 101
No 1
Abstained 1
Absent 2

Documents

Source: Alabama Legislature