Story perspectives

Arizona Signs Cash Rounding Bill; Virginia Considers Similar Measure

3/15/2026

Summary

Story summary

Arizona Governor Katie Hobbs signed House Bill 2938, allowing rounding cash transactions to the nearest five cents when pennies are unavailable.
The Greater Phoenix Chamber supports the measure, citing clarity for consumers and businesses.
Virginia lawmakers are considering a similar bill letting localities set rounding rules for cash, and some businesses have already begun rounding totals.
The Virginia proposal would expire on July 1, 2027, to allow future legislative review.

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Story summary

Arizona Governor Katie Hobbs signed House Bill 2938, allowing rounding cash transactions to the nearest five cents when pennies are unavailable.
The Greater Phoenix Chamber supports the measure, citing clarity for consumers and businesses.
Virginia lawmakers are considering a similar bill letting localities set rounding rules for cash, and some businesses have already begun rounding totals.
The Virginia proposal would expire on July 1, 2027, to allow future legislative review.