National Restaurant Association Applauds House Passage of Federal Rounding Legislation
· Texas Border Business
The National Restaurant Association has praised the House's approval of the Common Cents Act, which addresses the challenges faced by restaurant operators due to the phase-out of the penny. This legislation allows for rounding in cash transactions and offers protections for business owners, simplifying sales processes and reducing confusion. With 25% of restaurant transactions made in cash, the bill aims to provide clarity and consistency for both operators and customers. The legislation now awaits consideration in the Senate, where the Association is advocating for its swift passage to support small businesses nationwide.
AI summary · Source: Texas Border Business →
