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Assembly Bill A9274A

2025-2026 Legislative Session

Requires merchants to round cash purchases to the nearest five cent denomination in order to reduce the circulation of pennies within New York state

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Bill Amendments

2025-A9274 - Details

See Senate Version of this Bill:
S8580
Law Section:
General Business Law
Laws Affected:
Add §§399-ooo & 399-oooo, Gen Bus L

2025-A9274 - Summary

Requires merchants to round cash purchases to the nearest five cent denomination in order to encourage the reduction of the circulation of pennies within New York state.

2025-A9274 - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9274
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             November 21, 2025
                                ___________
 
 Introduced by M. of A. McDONALD -- read once and referred to the Commit-
   tee on Consumer Affairs and Protection
 
 AN  ACT  to  amend  the  general  business law, in relation to requiring
   merchants to round cash purchases to the  nearest  five  cent  denomi-
   nation  in  order to reduce the circulation of pennies within New York
   state

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.   Short title. This act shall be known and may be cited as
 the "New Yorkers for Common Cents Act".
   § 2.  The general business law is amended  by  adding  a  new  section
 399-ooo to read as follows:
   §  399-OOO.  1.  FOR THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS
 SHALL HAVE THE FOLLOWING MEANINGS:
   (A) "MERCHANT" SHALL MEAN  ANY  PERSON,  CORPORATION,  OR  PARTNERSHIP
 ENGAGED  IN  THE  BUSINESS  OF THE SALE OF GOODS OR SERVICES ENGAGING IN
 FACE-TO-FACE, IN-PERSON SALES.
   (B) "LEGAL TENDER" SHALL MEAN ALL COINS AND CURRENCIES OF  THE  UNITED
 STATES.
   2.  NOTWITHSTANDING  ANY  OTHER  PROVISION OF LAW TO THE CONTRARY, ANY
 MERCHANT DOING BUSINESS IN THIS STATE SHALL DETERMINE THE TOTAL PRICE OF
 SUCH GOODS OR SERVICES IN THE FOLLOWING MANNER:
   (A) PRICES OF GOODS AND SERVICES SHALL BE  TOTALED,  ANY  DISCOUNT  OR
 DEDUCTION  THEREFOR  MADE,  AND  SALES TAX OR OTHER TAX IMPOSED, IF ANY,
 ADDED TO THAT TOTAL IN ACCORDANCE WITH THE LAW OF  THE  MUNICIPALITY  IN
 WHICH SUCH GOODS OR SERVICES ARE SOLD; AND
   (B)(I) IF A MILL, ONE CENT, TWO CENTS, SIX CENTS, OR SEVEN CENTS IS AT
 THE  END  OF  THE  RESULTING  SUM, THAT SUM SHALL BE ROUNDED DOWN TO THE
 NEAREST AMOUNT DIVISIBLE BY FIVE FOR THOSE INDIVIDUALS  SEEKING  TO  PAY
 THEREFOR WITH LEGAL TENDER; OR

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11817-02-5
 A. 9274                             2

2025-A9274A (ACTIVE) - Details

See Senate Version of this Bill:
S8580
Law Section:
General Business Law
Laws Affected:
Add §§399-ooo & 399-oooo, Gen Bus L

2025-A9274A (ACTIVE) - Summary

Requires merchants to round cash purchases to the nearest five cent denomination in order to encourage the reduction of the circulation of pennies within New York state.

2025-A9274A (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  9274--A
                                                         Cal. No. 368
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             November 21, 2025
                                ___________
 
 Introduced by M. of A. McDONALD -- read once and referred to the Commit-
   tee on Consumer Affairs and Protection -- recommitted to the Committee
   on Consumer Affairs and Protection in accordance with Assembly Rule 3,
   sec.  2 -- reported and referred to the Committee on Ways and Means --
   advanced to a third reading, passed by Assembly and delivered  to  the
   Senate,  recalled  from  the  Senate, vote reconsidered, bill amended,
   ordered reprinted, retaining its place on the order of third reading
 
 AN ACT to amend the general  business  law,  in  relation  to  requiring
   merchants  to  round  cash  purchases to the nearest five cent denomi-
   nation in order to reduce the circulation of pennies within  New  York
   state
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Short title. This act shall be known and may  be  cited  as
 the "New Yorkers for Common Cents Act".
   §  2. The general business law is amended by adding a new section 399-
 ooo to read as follows:
   § 399-OOO. EXACT CHANGE EXEMPTION. FAILURE TO PROVIDE EXACT CHANGE  IN
 THE  EVENT  EXACT  CHANGE WOULD INCLUDE A PENNY OR PENNIES, AND CHARGING
 LESS FOR CREDIT THAN FOR CASH BASED ON THE INABILITY  TO  PROVIDE  EXACT
 CHANGE  THAT  WOULD INCLUDE A PENNY OR PENNIES, SHALL NOT BE A VIOLATION
 OF ANY STATE LAW OR REGULATION, INCLUDING BUT NOT  LIMITED  TO  CONSUMER
 PROTECTION LAWS.
   §  3. The general business law is amended by adding a new section 399-
 oooo to read as follows:
   § 399-OOOO. CALCULATION OF PRICES.    1.  FOR  THE  PURPOSES  OF  THIS
 SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
   (A)  "MERCHANT"  SHALL  MEAN  ANY  PERSON, CORPORATION, OR PARTNERSHIP
 ENGAGED IN THE BUSINESS OF THE SALE OF GOODS  OR  SERVICES  ENGAGING  IN
 FACE-TO-FACE, IN-PERSON SALES.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11817-05-6

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