Mississippi Senate Bill 2680: Cash purchases; require merchants to round to the nearest five-cent denomination for.

Mississippi · 2026 Regular Session

What it does

An Act To Require Merchants Engaged In The Business Of Selling Goods And/or Services In This State To Calculate The Price Of Goods And/or Services Sold, Less Discounts Or Deductions, And Subject To Any Applicable Taxes, To Individuals Paying With Cash By Rounding Such Total To The Nearest Five-cent Denomination; To Provide Exceptions For Transactions For Which The Total Amount Is Fewer Than 4¢ Or For Transactions For Which Payment Is Made By Any Demand Or Negotiable Instrument, Electronic Fund Transfer, Money Order, Credit Card, Debit Card, Electronic Payment Or Other Like Instrument; To Ensure That Any Taxes Imposed On The Purchase Shall Not Be Affected By Gains Or Losses Resulting From Rounding To The Nearest Five-cent Denomination; To Require The Executive Director Of The Department Of Finance And Administration To Promulgate Regulations To Implement This Act; And For Related Purposes.

Latest action

Died In Committee (2026-02-03)

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