19 states pass rounding bills since last penny was minted

Nineteen states have moved to pass legislation to round cash transactions to the nearest five cents following the discontinuation of pennies by the U.S. Mint in November. This shift reflects the Treasury's rounding guidance to states and merchants, acknowledging the diminishing use of the penny. The legislative response highlights a broader trend in adapting to currency changes and reducing transaction costs, mirroring similar moves in countries like Canada. This shift is significant as it signals a potential change in how small transactions are handled in the U.S. and could lead to broader economic implications.