Two proposed bills in Missouri, House Bill 2819 and Senate Bill 1620, aim to allow vendors to round cash transactions to the nearest 5 cents following the discontinuation of penny production. The bills specify that transactions ending in 1, 2, 6, or 7 cents would be rounded down, while those ending in 3, 4, 8, or 9 cents would be rounded up. The legislation seeks to provide clarity for businesses and retailers on how to handle cash transactions after the elimination of the penny. If passed, the bills would go into effect on August 28, 2026, and are part of a growing trend among states as pennies are phased out.
