Loading chat...

FL H0951

Bill

Status

Introduced

1/5/2026

Primary Sponsor

Insurance & Banking Subcommittee

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes dealers to round in-person cash transactions to the nearest nickel if the U.S. penny is no longer in production, using standard rounding rules (1-2 cents rounds down, 3-4 rounds up to 5, 6-7 rounds down to 5, 8-9 rounds up to 10)

  • Rounding applies only to cash transactions and does not apply to payments made by electronic funds transfer, check, gift card, money order, credit card, or mixed tender

  • Rounding does not alter the sales price, tax amount, or any surcharges, assessments, or fees imposed on the sale

  • Exempts nickel rounding from being considered a deceptive and unfair trade practice under Florida's consumer protection laws

  • Requires cash payments to secondhand dealers be made in full or rounded up to the nearest nickel if pennies are no longer produced

Legislative Description

One-cent Piece

Last Action

Laid on Table, refer to CS/SB 1074

3/10/2026

Committee Referrals

Commerce Committee2/12/2026
Insurance And Banking Subcommittee2/3/2026
Ways and Means Committee1/12/2026

Full Bill Text

No bill text available