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HB1512 • 2026

Business Regulation - Rounding Cash Transactions - Remittance to Comptroller

Business Regulation - Rounding Cash Transactions - Remittance to Comptroller

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Delegate Conaway
Last action
2026-02-17
Official status
In the House - Hearing 3/11 at 1:00 p.m.
Effective date
2026-07-01

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Business Regulation - Rounding Cash Transactions - Remittance to Comptroller

Requiring, if a merchant rounds up the price of a cash transaction for a good or service in a certain manner, the merchant to remit to the Comptroller the difference between the total price the customer is required to pay after the rounding occurs and the price before the rounding occurs; and requiring the Comptroller to distribute certain revenue to the General Fund of the State.

What This Bill Does

  • Requiring, if a merchant rounds up the price of a cash transaction for a good or service in a certain manner, the merchant to remit to the Comptroller the difference between the total price the customer is required to pay after the rounding occurs and the price before the rounding occurs; and requiring the Comptroller to distribute certain revenue to the General Fund of the State.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-17 House

    Hearing 3/11 at 1:00 p.m.

  2. 2026-02-13 House

    First Reading Economic Matters

  3. Maryland General Assembly

    Text - First - Business Regulation - Rounding Cash Transactions - Remittance to Comptroller

Official Summary Text

Requiring, if a merchant rounds up the price of a cash transaction for a good or service in a certain manner, the merchant to remit to the Comptroller the difference between the total price the customer is required to pay after the rounding occurs and the price before the rounding occurs; and requiring the Comptroller to distribute certain revenue to the General Fund of the State.

Current Bill Text

Read the full stored bill text 
EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW.
[Brackets] indicate matter deleted from existing law.
*hb1512*

HOUSE BILL 1512
C2, K3 6lr3120

By: Delegate Conaway
Introduced and read first time: February 13, 2026
Assigned to: Economic Matters

A BILL ENTITLED

AN ACT concerning 1

Business Regulation – Rounding Cash Transactions – Remittance to 2
Comptroller 3

FOR the purpose of requiring, if a merchant rounds up the price of a cash transaction for a 4
good or service in a certain manner, the merchant to remit to the Comptroller the 5
difference between the total price the customer is required to pay after the rounding 6
occurs and the price before the rounding occurs; requiring the Comptroller to 7
distribute certain revenue to the General Fund of the State; and generally relating 8
to rounding cash transactions between merchants and customers. 9

BY adding to 10
Article – Business Regulation 11
Section 19–110 12
Annotated Code of Maryland 13
(2024 Replacement Volume and 2025 Supplement) 14

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 15
That the Laws of Maryland read as follows: 16

Article – Business Regulation 17

19–110. 18

(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS 19
INDICATED. 20

(2) (I) “CASH” MEANS UNITED STATES COINS AND PAPER 21
CURRENCY. 22

(II) “CASH” DOES NOT INCLUDE: 23
2 HOUSE BILL 1512

1. A PAPER INSTRUMENT OTH ER THAN A FEDERAL 1
RESERVE NOTE; OR 2

2. A GIFT CARD. 3

(3) “MERCHANT” MEANS A PERSON ENGAG ED IN THE TRADE OR 4
BUSINESS OF THE SALE OF GOODS OR SERVICES. 5

(B) (1) THIS SUBSECTION DOES NOT APPLY TO A TRANSACTION WHERE A 6
CUSTOMER EXPRESSLY CONSENTS TO HAVING THE TRANSACTION ROUNDED UP FOR 7
THE EXPRESS PURPOSE OF PROVIDING A DONATION. 8

(2) IN A CASH TRANSACTION BETWEEN A MERCHANT A ND A 9
CUSTOMER FOR A GOOD OR SERVIC E, IF THE MERCHANT ROUNDS UP THE TOTAL 10
PRICE, INCLUDING ANY APPLIC ABLE DISCOUNT, TAX, OR FEE, TO THE NEAREST 5 11
CENTS, THE MERCHANT SHALL REMIT TO THE COMPTROLLER IN THE MANNER 12
PRESCRIBED BY THE COMPTROLLER AN AMOUNT THAT EQUALS T HE DIFFERENCE 13
BETWEEN: 14

(I) THE PRICE THE CUSTOMER IS REQUIRED TO PAY AFTER THE 15
ROUNDING OCCURS; AND 16

(II) THE PRICE BEFORE THE ROUNDING OCCURS. 17

(C) THE COMPTROLLER SHALL DIS TRIBUTE THE REVENUE COLLECTED 18
UNDER THIS SECTION TO THE GENERAL FUND OF THE STATE. 19

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 20
1, 2026. 21