Minnesota HF4821: Rounding of a payment or transfer of cash authorized, and provision changed in health insurance benefit plans offered in the nonrepresented employees compensation plan and the managerial plan in chapter 43A.

What the bill says

A bill for an act relating to state government; authorizing the rounding of a payment or transfer of cash; changing a provision in health insurance benefit plans offered in the nonrepresented employees compensation plan and the managerial plan in chapter 43A; amending Minnesota Statutes 2025 Supplement, section 43A.23, subdivision 1; proposing coding for new law in Minnesota Statutes, chapter 16A.

From the introduced text, March 27, 2026:

A bill for an act relating to state government; authorizing the rounding of a payment or transfer of cash; changing a provision in health insurance benefit plans offered in the nonrepresented employees compensation plan and the managerial plan in chapter 43A; amending Minnesota Statutes 2025 Supplement, section 43A.23, subdivision 1; proposing coding for new law in Minnesota Statutes, chapter 16A. Section 1. new text begin [ADDED: [16A.402] CASH TRANSACTION ROUNDING.] new text end new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Authorization to round cash transactions.] new text end new text begin [ADDED: (a) Notwithstanding any other provision of law, an agency entering into any transaction with a person that results in a payment or transfer of cash between the parties to the transaction may round the payment in the following manner:] new text end new text begin [] new text end new text begin [ and] new text end new text begin [ADDED: (3) notwithstanding clause (1), transactions in which the transaction total is $0.01 or $0.02 shall be rounded up to $0.05.] new text end new text begin [ADDED: (b) A party authorized to engage in a transaction on behalf of an agency may round the payment in the manner directed by the agency consistent with this section.] new text end new text …

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Sponsors

• Ginny Klevorn (D) · primary sponsor