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TN HB2492

Bill

Official Source

Status

Introduced

2/3/2026

Primary Sponsor

Jason Powell

Click for details

Origin

House of Representatives

114th General Assembly

AI Summary

  • Department of Finance and Administration must establish rules requiring cash transactions to be rounded to the nearest $0.05

  • Rounding practices that systematically favor the seller are prohibited

  • Receipts must clearly itemize transaction subtotals, rounding adjustments, and total price

  • Failure to comply with cash transaction rounding rules constitutes a violation of the Tennessee Consumer Protection Act

  • Takes effect immediately upon becoming law

Legislative Description

AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 18 and Title 67, relative to cash transaction rounding.

Finance and Administration, Dept. of

Last Action

Assigned to s/c Banking & Consumer Affairs Subcommittee

2/5/2026

Committee Referrals

Commerce2/5/2026

Full Bill Text

No bill text available