SSB 3143: Relating to rounding the amount of cents for cash transactions and payments

What it does

This bill relates to rounding the amount of cents for cash transactions and payments. On November 12, 2025, the United States mint suspended production of the one cent coin (penny) at the direction of the United States secretary of the treasury. _____ the transaction in the state, or pays cash wages to an employee as compensation in the state. If the total amount of the transaction, plus taxes, requires a number of cents ending with one, two, six, or seven, the person may round down the number of cents to the nearest number of cents divisible by five.

Senate subcommittee · named February 10, 2026

• Sen. Dan Zumbach (R) · dan.zumbach@legis.iowa.gov
• Sen. Izaah Knox (D) · izaah.knox@legis.iowa.gov
• Sen. Annette Sweeney (R) · annette.sweeney@legis.iowa.gov

Lobbying · 4 for, 0 against

For: Casey's General Stores; Community Bankers of Iowa; Iowa Grocery Industry Association; Maverik, Inc.

In plain words

1. February 10, 2026Filed in the Senate and sent to the Commerce committee
2. February 10, 2026Senate subcommittee named: Zumbach, Knox and Sweeney
3. February 12, 2026Subcommittee recommended passing it
4. February 19, 2026Approved by the Senate committee, and given a new number: SF 2456