Congress moves to round all transactions to nearest 5-cent interval as Mint stops producing pennies

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The House will vote on legislation Monday to establish a national cash-rounding standard to the nearest 5-cent interval, nearly a year after the United States stopped minting pennies.

The bipartisan Common Cents Act would allow businesses to round the final total of a cash purchase up or down to the nearest nickel when exact change cannot be provided. Transactions ending in 1, 2, 6, or 7 cents could be rounded down, while those ending in 3, 4, 8, or 9 cents could be rounded up.

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