A bill for an act relating to rounding the amount of cents for cash transactions and payments.(Formerly SSB 3143.)

Where it is in the process

Plain-English Summary

This bill allows businesses in Iowa to round the total cost of cash transactions to the nearest five cents. If a total ends in 1, 2, 6, or 7 cents, it can be rounded down, and if it ends in 3, 4, 8, or 9 cents, it can be rounded up. Transactions totaling one or two cents must be rounded up to five cents, but this does not apply to electronic payments or checks.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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