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States explore post-penny rounding rules
Washington's new law sets specific rounding rules for cash transactions to the nearest nickel after federal penny production ended, affecting 14% of consumer payments, officials said.
Summary by Bristol Herald Courier
4 Articles
4 Articles
Arizona Becomes One of the First States to Set Rules for a Post-Penny Economy
Arizona has a plan for the penny problem — and Governor Katie Hobbs just made it law. Hobbs signed HB 2938 on Friday, establishing a standardized method for rounding cash transactions now that the U.S. Mint has stopped producing pennies. The bill passed through the state legislature with near-unanimous support, drawing just a single opposing vote in each chamber. The law adopts what is known… Source
Coverage Details
Total News Sources4
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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