Retailers across the country continue to navigate challenges caused by the ongoing penny shortage. While many retailers have adopted similar approaches to handling cash transactions without pennies, practices can vary based on store size, location, and operational needs. National retail advocates remain engaged with federal and state partners to encourage consistent and practical guidance.
At the federal level, updated language is being prepared for the Common Cents Act in the US House of Representatives. The proposal would allow optional rounding in cash transactions and aim to provide clarity by superseding conflicting requirements across jurisdictions. Discussions with congressional staff are ongoing. Federal agencies are also involved, including efforts to develop frequently asked questions through the Treasury Department that could help set expectations for businesses and consumers, even if such guidance is not legally binding. Additional attention has been directed toward ensuring federal nutrition assistance rules are addressed in any rounding framework.
States are also exploring solutions. Utah has issued guidance, Texas is considering similar action, and New York has introduced legislation on cash rounding. To support consistency, model legislative language has been developed to help states craft clear and uniform approaches.
