The bill requires any person who pays any tax, toll, fee, fine, or other charge to the state, a state agency, or a political subdivision, in cash, to round the payment to the nearest 5¢. The state, state agency, or political subdivision must accept the rounded amount as payment in full. The bill has no effect on electronic payments or transactions. A “political subdivision” is defined as a county, township, municipal corporation, “or any
other body corporate and politic that is responsible for government activities in a geographic
area smaller than that of the state.”