OH HB737

Cash payments for taxes, tolls, fees, fines, or other charges to Ohio state government, state agencies, and political subdivisions must be rounded to the nearest five cents

Rounding rules: amounts ending in 1-2 cents round down to 0; amounts ending in 3-4 cents round up to 5; amounts ending in 6-7 cents round down to 5; amounts ending in 8-9 cents round up to 0

Merchants accepting cash payments may voluntarily round final prices to the nearest nickel without incurring legal liability

Merchants must round cash transactions that include state or local taxes, with rounding adjustments deducted from or added to the tax remitted to government entities

Tax adjustments from rounding are allocated proportionately among state and local governments based on their respective tax rates on each transaction