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FL H0951
Bill
Status
1/5/2026
Primary Sponsor
Insurance & Banking Subcommittee
Click for details
AI Summary
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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)
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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
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Rounding does not alter the sales price, tax amount, or any surcharges, assessments, or fees imposed on the sale
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Exempts nickel rounding from being considered a deceptive and unfair trade practice under Florida's consumer protection laws
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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