Indiana cash rounding law

H.R. 10167 has passed congress. It is not yet law, and it does not by itself change Indiana's enacted requirements below. Section 4 of the bill is a safe harbor for adherence to the federal rounding conduct it describes, not a blanket preemption of state law. See the Federal Cash-Rounding Standard for the pending federal framework and its current status.

Status: Monitoring. Verified against enacted text: September 2, 2026.

No specific guidance identified beyond what is cited on this page as of September 29, 2026. Monitoring for updates.

Indiana obligates business entities, including banks, and government units to round cash transactions to the nearest five cents. The operator chooses whether to round up or down. The rule applies to cash transactions occurring after December 31, 2026.

Rounding applies to the total including tax. Amounts added or subtracted to comply with the rounding chapter are excluded from gross retail income under IC 6-2.5-1-5(f), so the rounding adjustment is not itself taxed.

The rule attaches to the total amount of the transaction and the act contains no split-tender provision. Partly cash, partly electronic transactions are not addressed by the enacted text.

The act contains no express liability protection and no private-action safe harbor. Compliance obligations run through existing tax and regulatory channels.