Common Cents Act News

The House and Senate have passed similar versions of the Common Cents Act, which introduces new rounding rules, safe harbor provisions, and state compliance gap

The U.S. House of Representatives passed the Common Cents Act, a bipartisan bill aimed at standardizing rounding guidelines for cash transactions as the penny i

The new Common Cents Act aims to guide businesses and consumers on transactions as the penny is phased out, addressing the implications of this change.