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NE LB837
Bill
Status
Introduced
1/8/2026
Primary Sponsor
Michael Jacobson
Click for details
AI Summary
- Authorizes rounding of cash transaction totals 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
- Requires transactions totaling only one or two cents to be rounded up to five cents (mandatory, unlike other rounding which is permissive)
- Applies to cash sales of goods or services, cash transfers between parties, and cash wage payments to employees
- Excludes all non-cash payments including checks, credit cards, electronic fund transfers, gift cards, and money orders
- Introduced by Senator Jacobson (District 42) on January 8, 2026
Legislative Description
Provide for rounding of certain cash transaction amounts
Last Action
Jacobson AM2128 to AM1826 filed
2/20/2026
Committee Referrals
Banking, Commerce and Insurance1/12/2026
Full Bill Text
No bill text available