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Committee hears testimony on optional cash-rounding bill as coin shortages grow
Summary
Witnesses from grocery, hospitality and credit-union sectors told the House Rules committee HB 4178 would let businesses adopt permissive rounding to the nearest 5¢ with consumer notice, responding to Pennies shortages; the Department of Revenue sought an amendment to cover state and local governments.
House Bill 4178 would allow places of public accommodation to adopt an optional rounding policy for in-person cash or mixed-tender transactions, rounding to the nearest 5¢ under specified rules and requiring consistent application and consumer notice.
Amanda Dalton (Northwest Grocery Retail Association) and Greg Astley (Oregon Restaurant Lodging Association) said the abrupt drop in penny…
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