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MA H5138

Bill

Official Source

Status

Introduced

1/27/2026

Primary Sponsor

Tackey Chan

Click for details

Origin

House of Representatives

194th General Court

AI Summary

  • Requires cash transactions ending in 1, 2, 6, or 7 cents to be rounded down to the nearest 5 cents, and transactions ending in 3, 4, 8, or 9 cents to be rounded up to the nearest 5 cents
  • Applies only to payments made with legal tender (cash); electronic payments, checks, credit cards, gift cards, and money orders are exempt from rounding requirements
  • Allows transactions totaling $0.01 or $0.02 to be rounded up to $0.05 for cash payments
  • Directs the Office of Consumer Affairs and Business Regulation to create rules ensuring businesses provide adequate notice to buyers about the rounding policy and maintain necessary systems for implementation

Legislative Description

Relative to consumer protections for low valued legal tender scarcity

Last Action

Senate concurred

2/19/2026

Committee Referrals

Consumer Protection and Professional Licensure2/17/2026
Rules1/27/2026

Full Bill Text

No bill text available