Alaska legislation · 34th Legislature
Alaska HB281: CASH TRANSACTIONS: ROUNDING
Status: In committee, May 13, 2026
An Act relating to rounding cash transactions to the nearest five cents.
What the bill says
An act ENTITLED "An Act relating to rounding cash transactions to the nearest five cents.".
From the introduced text:
AN ACT ENTITLED "An Act relating to rounding cash transactions to the nearest five cents." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: * Section 1. AS 45.45 is amended by adding a new section to read: Sec. 45.45.940. Cash transaction rounding. (a) When processing a cash transaction, a seller that rounds cash transactions to the nearest five cents shall determine the total price of the transaction by first summing the price of the goods and services being purchased, including discounts, then applying applicable sales or other taxes, and then, when necessary to obtain a total divisible by five cents, rounding as follows: (1) if the total ends in one cent, two cents, six cents, or seven cents, the total is rounded down to the nearest amount divisible by five cents; (2) if the total ends in three cents, four cents, eight cents, or nine cents, the total is rounded up to the nearest amount divisible by five cents. (b) This section does not apply to transactions for which payment is made by electronic funds transfer, money order, credit card, debit card, electronic payment, or HB0281a -1- HB New Text Underlined [DELETED TEXT BRACKETED] 34-LS1281\A other similar payment method. (c) A tax imposed by the state or a local government does not apply to a gain or …
Sponsors
- Dan Saddler (R, HD-024) · primary sponsor
- Rebecca Himschoot (I, HD-002)
- Ashley Carrick (D, HD-035)
Latest actions
- : (H) Minutes (HSTA)
- : (H) Scheduled but Not Heard
- : (H) STATE AFFAIRS at 03:15 PM GRUENBERG 120
- : (H) REFERRED TO FINANCE
- : (H) FN1: ZERO(GOV/COMBINED)
- : (H) AM: HIMSCHOOT
- : (H) DP: VANCE, MCCABE, ST. CLAIR, HOLLAND, STORY, CARRICK
- : (H) STA RPT 6DP 1AM
- : (H) Minutes (HSTA)
- : (H) Moved HB 281 Out of Committee
Subjects: BUSINESS, TRADE PRACTICES, SALES, CONSUMER AFFAIRS
Common questions
- What is HB281?
- HB281 is a bill in the Alaska Legislature (34th Legislature): CASH TRANSACTIONS: ROUNDING.
- What does HB281 do?
- In its own words: An act ENTITLED "An Act relating to rounding cash transactions to the nearest five cents.".
- What is the status of HB281?
- In committee as of May 13, 2026. Latest action: (H) Minutes (HSTA) (May 14, 2026).
- Who sponsored HB281?
- Dan Saddler (R, HD-024), with 2 co-sponsors.
- Where is the official record for HB281?
- On the Alaska Legislature website: https://www.akleg.gov/basis/Bill/Detail/34?Root=HB 281
Source: official Alaska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.