SB2498In Committee

Amends TCA Title 47, Chapter 18 and Title 67.

Tennessee SB2498 requires the Department of Commerce and Insurance to establish rules regarding the rounding of cash transactions. This bill affects businesses and consumers engaged in cash transactions by providing guidelines on how to handle the rounding of amounts due. Key provisions include the requirement for the department to create specific regulations to ensure consistency in cash transaction rounding practices.

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Overview

Tennessee SB2498 requires the Department of Commerce and Insurance to establish rules regarding the rounding of cash transactions. This bill affects businesses and consumers engaged in cash transactions by providing guidelines on how to handle the rounding of amounts due. Key provisions include the requirement for the department to create specific regulations to ensure consistency in cash transaction rounding practices.

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Sponsor

Kyle, Sara

Details
Session

114th General Assembly

Introduced

February 2, 2026

Last Action

April 20, 2026

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

Subjects
Finance and Administration, Dept. ofRevenue, Dept. ofRevenueAdministrative Procedure (UAPA)

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