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Tuesday, July 7, 2026

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VA · HB954INTRO · 2 COSPONSORS

Rounding procedures; taxes and fees calculated, report.

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Plain-English Summary

Rounding procedures. Provides for rounding procedures in certain cash transactions and authorizes the governing body of a locality to by ordinance set temporary procedures for the adjustment of bills and account balances for taxes and other charges due to the locality to account for the cessation of production of the penny coin by the United States Mint until July 1, 2027. The bill also directs the Department of Taxation to evaluate options and recommend a uniform procedure for such adjustments …

Source: OpenStates · fetched April 13, 2026

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