United States · Bill · HR
H.R. 3761 (101st)
Price Rounding Act of 1989
Introduced
20 November 1989
Last action
—
Status
Referred to the Subcommittee on Consumer Affairs and Coinage.
Sponsors
—
Subjects
Discovery layer
Source updated
26 August 2025
Summary
Price Rounding Act of 1989 - Declares that one-cent coins shall be legal tender to a maximum of 25 cents only if used in quantities divisible by five without fraction or remainder. Prescribes guidelines to round out prices to the nearest five cents (including taxes), except for specified transactions. Declares that State or local taxes shall not apply to gains or losses resulting from rounding. Permits the Secretary of the Treasury to produce one-cent pieces as numismatic items.
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 20 November 1989
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/house-bill/3761
- Open data entity: https://api.congress.gov/v3/bill/101/hr/3761