2026 Senate Bill 1014

Trade: business practices; requirement for rounding down certain cash transactions; provide for.

A bill to amend 2011 PA 15, entitled “Shopping reform and modernization act,” by amending sections 2 and 7 (MCL 445.312 and 445.317).

AI Analysis – Experimental

Updates Michigan's Shopping Reform and Modernization Act by clarifying price display requirements and mandating that retailers round down cash transaction prices to the nearest five cents, while maintaining transparency and consumer protections.

Introduced in the Senate

June 3, 2026

Introduced by Sen. Jeff Irwin (D-15) and three co-sponsors

Co-sponsored by Sens. Sue Shink (D-14), Stephanie Chang (D-3) and Rosemary Bayer (D-13)

Referred to the Committee on Finance, Insurance, and Consumer Protection