MS SB2680 | 2026 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on February 3 2026 - 100% progression
Action: 2026-02-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Require Merchants Engaged In The Business Of Selling Goods And/or Services In This State To Calculate The Price Of Goods And/or Services Sold, Less Discounts Or Deductions, And Subject To Any Applicable Taxes, To Individuals Paying With Cash By Rounding Such Total To The Nearest Five-cent Denomination; To Provide Exceptions For Transactions For Which The Total Amount Is Fewer Than 4¢ Or For Transactions For Which Payment Is Made By Any Demand Or Negotiable Instrument, Electronic Fund Transfer, Money Order, Credit Card, Debit Card, Electronic Payment Or Other Like Instrument; To Ensure That Any Taxes Imposed On The Purchase Shall Not Be Affected By Gains Or Losses Resulting From Rounding To The Nearest Five-cent Denomination; To Require The Executive Director Of The Department Of Finance And Administration To Promulgate Regulations To Implement This Act; And For Related Purposes.

Tracking Information

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Title

Cash purchases; require merchants to round to the nearest five-cent denomination for.

Sponsors


History

DateChamberAction
2026-02-03SenateDied In Committee
2026-01-19SenateReferred To Business and Financial Institutions

Mississippi State Sources


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