Title 1. Definitions; General Provisions — Subtitle 6

In this subtitle the following words have the meanings indicated.

“Customer” means a purchaser of a good or service from a merchant.

“Merchant” means a person engaged in the trade or business of the sale of goods or services.

“Price” means the amount due and payable by a customer for a good or service after a merchant:

does not apply to a transaction for a good or service paid with exact change; and

may not be construed to authorize a merchant to round a price for a good or service in a manner that alters the calculation of any tax or fee applicable to the transaction.

This section applies to the portion of the price of an in–person transaction or a telephone, mail, or Internet transaction for which a customer pays using cash if the price totals at least 5 cents.

Notwithstanding any other provision of law, a merchant doing business in the State may:

This section applies to the portion of the price of an in–person transaction or a telephone, mail, or Internet transaction for which a customer pays using cash if the price totals less than 5 cents.

Notwithstanding any other provision of law, a merchant doing business in the State may round the price for a good or service by rounding the price up to 5 cents.