Florida adopted a new law in May 2026 allowing cash purchases to round to the nearest 5 or 0 cents. This change addresses the decreasing availability of coins in circulation. The rounding rules specify how different cent amounts will be adjusted based on specific thresholds. Cash or gift card payments qualify for this rounding while credit card transactions remain unaffected. Retailers like Universal have started implementing the practice when cash shortages occur. The state has provided official guidance to help businesses understand and apply the new rules consistently.
Key Points:
- Florida passed a new law in May 2026 allowing cash purchases to round to the nearest 5 or 0 cents.
- Transactions ending in 1 or 2 cents round down to zero
- Transactions ending in 8 or 9 cents round up to 10 cents
- The rounding rule only applies to cash payments and not credit card or gift card purchases
- Retailers like Universal have begun adopting the practice when pennies run out