🪙 Arizona Says Goodbye to the Penny… Kind Of
Arizona is officially moving into a new era.
Governor Katie Hobbs has signed a new law allowing businesses to round cash transactions to the nearest 5 cents as pennies begin disappearing from circulation.
So what does that mean for you?
👉 If you pay with cash:
Totals ending in 1¢, 2¢, 6¢, or 7¢ → rounded down
Totals ending in 3¢, 4¢, 8¢, or 9¢ → rounded up
Totals ending in 0¢ or 5¢ → stay the same �
https://www.azfamily.com
👉 If you pay with a card or digitally:
Nothing changes. You still pay the exact amount. �
Arizona Daily Star
👉 Pennies aren’t illegal:
They’re still valid, but businesses may not always use them moving forward. �
Arizona Daily Star
This change comes as the federal government phases out penny production due to cost, with each penny costing more to make than it’s worth. �
https://www.azfamily.com
Why it matters here in Arizona:
For most people, the difference will only be a penny or two per purchase. But over time, some are asking…
💬 Will it balance out, or will cash users feel the impact more?
One thing is clear:
Arizona is one of the first states stepping into a “post-penny” system, and how it plays out could shape what other states do next.
What do you think, Prescott?
Is this a smart move… or just another way people lose a little more at the register?
👇 Drop your thoughts below.
#PrescottNews #ThePrescottTimes #ArizonaNews #LocalNews #PrescottAZ #YavapaiCounty #CommunityVoice
