Amends TCA Title 9; Title 45; Title 47, Chapter 50; Title 47, Chapter 18 and Title 67.
Tennessee HB1744 establishes requirements for businesses engaging in cash transactions with the public to round the total amount to the nearest nickel if pennies are no longer in production. This bill affects all entities conducting cash transactions in Tennessee. Key provisions include the stipulation for rounding practices to ensure compliance in the absence of pennies as legal tender.
Tennessee HB1744 establishes requirements for businesses engaging in cash transactions with the public to round the total amount to the nearest nickel if pennies are no longer in production. This bill affects all entities conducting cash transactions in Tennessee. Key provisions include the stipulation for rounding practices to ensure compliance in the absence of pennies as legal tender.
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