NASHVILLE, Tenn. — Tennessee is getting ready for a world without the penny, and state leaders are now telling cities, counties, and utilities how to deal with it.
The Tennessee Comptroller’s Office released new guidance for local governments after the federal government discontinued the penny. The goal is to help towns, utilities, and public agencies change how they handle payments while staying fair, legal, and easy to understand.
At the center of it all is one simple question: what happens when someone pays cash and the total is not an even amount anymore?…