Washington State's New Cash Rounding Rules
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Washington State Lawmakers Propose New Cash Sales Rules as U.S. Phases Out Pennies
Washington state lawmakers have introduced a bill to help businesses handle cash sales following the U.S. decision to phase out pennies. The new rules would allow stores to round cash totals to the nearest nickel, with specific guidelines for rounding. Business groups and workers support the change, which aims to cut costs and update systems. Although cash still accounts for 14% of payments nationwide, the impact of the penny phase-out is expected to be minimal in places like Seattle, where card payments dominate.
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