Lawmakers To Set Rounding Rules Regarding Lack Of Pennies

States are setting new rules for cash purchases after the U.S. Mint stopped making pennies and the 1-cent coins get scarcer. Some states are considering legislation to allow, or require, businesses to round purchase totals to the nearest nickel. Indiana already requires rounding for cash sales that do not end in zero or 5 cents. Some state agencies also are publishing guidance for consumers and businesses. Experts call the common method “symmetrical rounding.” A federal bill that would apply the symmetrical rounding standard across the country is stalled in Congress.