he ordered production on the 1-cent coin to end<\/a> due to their costs.<\/p>\n[BELOW: US Mint presses final pennies as production ends after more than 230 years]<\/p>\n
If this leaves businesses without pennies, then HB 951 requires businesses to round in-person cash transactions as follows:<\/p>\n
If the final digit ends in 1 or 2 cents? Round to 0 cents.<\/p>\n
If the final digit ends in 3, 4, 6, or 7 cents? Round to 5 cents.<\/p>\n
If the final digit ends in 8 or 9 cents? Round to 10 cents.<\/p>\n
However, rounding to the nearest nickel doesn\u2019t change how much tax is due during the transaction, as tax must be calculated before the rounding.<\/p>\n
Right now, HB 951 must pass through three committees if it wants a chance to become law. Its first hearing is slated on Feb. 2 before the Ways & Means Committee.<\/p>\n
But if the bill manages to clear all of its hurdles and get passed into law, it will take effect immediately upon receiving the governor\u2019s signature.<\/p>\n
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Copyright 2026 by WKMG ClickOrlando – All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"TALLAHASSEE, Fla. \u2013 A new bill filed in Florida earlier this month tells businesses what to do if…\n","protected":false},"author":2,"featured_media":139075,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[28,575,2159,9760,99,413,232,234,233],"class_list":{"0":"post-139074","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tallahassee","8":"tag-florida","9":"tag-food","10":"tag-money","11":"tag-palm-city","12":"tag-politics","13":"tag-sarasota","14":"tag-tallahassee","15":"tag-tallahassee-headlines","16":"tag-tallahassee-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/139074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=139074"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/139074\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/139075"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=139074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=139074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=139074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}