A bill moving through the Oklahoma Legislature could change how some cash transactions are handled, requiring certain payments to be rounded to the nearest nickel.
Filed by Derrick Hildebrant, House Bill 3075—also known as the “Common Cents Act”—would apply to public payments made in cash or partially in cash. The measure would not impact private business transactions or payments made by check, card, or electronic methods.
Under the proposal, local governments and other political subdivisions could choose to implement rounding upon the bill’s effective date through July 1, 2027. After that date, rounding would become mandatory for applicable cash transactions unless federal law directs otherwise.
The legislation comes as the use of pennies continues to decline. The filing followed the federal government halting penny production, which has already led some organizations—including the U.S. Postal Service—to round transactions up or down when exact change is unavailable.
House Bill 3075 passed the Oklahoma House with a 95-0 vote on March 24 and now moves to the Senate for consideration.
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