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Committee backs bill to standardize cash rounding after penny production halt
California State Assembly Banking and Finance Committee · April 20, 2026
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Summary
AB 1793 would allow symmetric rounding of cash transactions to the nearest nickel after the US Mint stopped producing pennies; retailers and grocers said the change would reduce checkout confusion and ensure consistency for businesses and consumers.
The committee moved AB 1793 to the Committee on Appropriations after advocates from grocery and retail associations described practical problems at checkout and urged a uniform approach.
Assemblymember Ward presented the measure, saying that after the US…
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