Washington State Rounds Cash Payments to Nickel

0:00Washington Governor Bob Ferguson has signed a new law to handle cash payments now that the U.S. men stopped making pennies last year. The rule requires businesses to round cash totals to the nearest nickel, bringing clarity as penny supplies start to shrink. This move addresses worries about a penny shortage, even though the coins remain legal tender for now. States have flexibility to set their own guidelines since the federal government left it up to them. officials say the change offers predictability for shoppers and straightforward rules for stores. Mallmakers highlighted how it cuts confusion and prevents pricing inconsistencies without major disruptions. Rounding applies only after taxes and fees, and just for cash credit cards, debit and all my repayments stay exact. For example, totals ending in one or two cents round down, three, four, six, or seven cents, go to five cents, and eight or nine cents round up to ten, since. The law kicks in mid-June, following Canada's model from years back when they phased out

1:01pennies. A few other states are eyeing similar steps, helping everyone adjust smoothly to life without new pennies. Stay in form with Canada News Today, AI-powered updates. I'm Corey, with the story.