VT H0837

Authorizes businesses to round cash transaction totals to the nearest $0.05 increment when pennies are unavailable or impractical, with amounts ending in $0.01, $0.02, $0.06, or $0.07 rounded down and amounts ending in $0.03, $0.04, $0.08, or $0.09 rounded up.

Applies only to cash transactions (physical coins or paper currency); excludes electronic payments, wage payments, rebates, and transactions governed by federal law prohibiting rounding.

Requires businesses using rounding to post clear and conspicuous disclosure at the point of sale or on receipts, and mandates that refunds be issued in the exact amount originally paid.

Specifies that rounding does not constitute an unlawful price increase, surcharge, or deceptive trade practice, and taxes must be calculated and remitted based on pre-rounding amounts.

Takes effect July 1, 2026.