Sponsored by:
Senator ROBERT W. SINGER
District 30 (Monmouth and Ocean)
Senator JOSEPH A. LAGANA
District 38 (Bergen)
SYNOPSIS
Allows rounding for cash transactions.
CURRENT VERSION OF TEXT
As reported by the Senate Commerce Committee on May 18, 2026, with amendments.
An Act concerning certain cash transactions and supplementing Title 56 of the Revised Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. If a business accepts cash transactions and chooses to round up or down when calculating amounts due at the point of sale, the following provisions apply:
(1) A cash transaction where the price ends in one-hundredth or two-hundredths ($.01 or $.02) of a dollar shall be rounded down to the nearest tenth of a dollar.
(2) A cash transaction where the price ends in three-hundredths or four-hundredths ($.03 or $.04) of a dollar shall be rounded up 1[or down]1 to the nearest five-hundredths of a dollar.
(3) A cash transaction where the price ends in six-hundredths or seven-hundredths ($.06 or $.07) of a dollar shall be rounded down to the nearest five-hundredths of a dollar.
(4) A cash transaction where the price ends in eight-hundredths or nine-hundredths ($.08 or $.09) of a dollar shall be rounded up 1[or down]1 to the nearest tenth of a dollar.
b. The provisions of subsection a. of this section shall not apply to transactions where a check, debit card, credit card, wire transfer, or any other non-cash form of payment is used in a transaction.
1c. Nothing in this act shall be construed to prohibit a program that rounds a purchase or transaction up as a donation; provided that the program is voluntary, and the consumer has the right to opt in to and opt out of the donation.1
2. Any business that violates the provisions of this bill shall be subject to a civil penalty of $1,000 for the first offense, $2,500 for the second offense, and $5,000 for the third and each subsequent offense. Each day on which a violation occurs shall constitute a separate and distinct offense. A penalty imposed pursuant to this section shall be collected in a civil action by a summary proceeding under the “Penalty Enforcement Law of 1999,” P.L.1999, c.274 (C.2A:58-10 et seq.). The Superior Court shall have jurisdiction of proceedings for the enforcement of the penalty provided by this section.
3. This act shall take effect 30 days after enactment.