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US restaurant industry
Trends
- 1Common Cents Act Would Address Penny Shortage for Restaurants▼Common Cents Act: Has Congress Finally Solved the Penny Problem for Restaurateurs?
The Common Cents Act is being discussed as a potential congressional fix to the penny problem affecting US restaurateurs, particularly small food businesses. The proposal would address the rising cost and scarcity of pennies, which has complicated cash transactions and pricing for restaurant owners. Industry outlets are asking whether Congress has finally found a workable solution to the long-running coin issue.
- 2Congress Passes Penny Rounding Rules, Auction Deadline Nears●Silent Auction Ends Tomorrow, Congress Passes Penny Rounding Rules, & More
Congress has passed new penny rounding rules, a policy shift tied to the phase-down of the US penny that will change how cash transactions are totaled. The news is circulating alongside a reminder that a silent auction run by the Illinois Restaurant Association closes tomorrow, bundled in the group's latest industry update to members.