HI HB2346

Requires all cash transactions in Hawaii to be rounded to the nearest five cents, with amounts ending in 1, 2, 6, or 7 cents rounded down and amounts ending in 3, 4, 8, or 9 cents rounded up.

Transactions totaling only $0.01 or $0.02 must be rounded up to $0.05 rather than down to zero.

The rounding requirement responds to the U.S. Treasury's decision to stop minting pennies for general circulation.

Exempts non-cash payments including electronic fund transfers, checks, credit cards, gift cards, and money orders from the rounding requirement.

Violations constitute unfair or deceptive trade practices under Chapter 480, Hawaii Revised Statutes, with corresponding penalties; effective date is January 1, 2027.