Common Cents Act passed the House 441 days after introduction and awaits a vote in the Senate
IntroducedApr 29, 2025
ReportedJul 23, 2025
Passed one chamberJul 14, 2026
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 98 words.
Common Cents Act This bill generally ends the production of the penny and requires rounding to the nearest amount divisible by five for the payment or transfer of cash. The Department of the Treasury must stop producing the penny, except to meet collector needs. The penny shall continue to be legal tender. Any person selling goods or services in a cash transaction, entering into other transfers of cash, or paying cash wages to an employee must round the payment up or down in accordance with the bill. The bill takes effect one year after the date of enactment.
Context
- Committees
- House Financial Services Committee
Senate Banking, Housing, and Urban Affairs Committee - Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 3 of 53 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 1,566 words
- Subjects
- Consumer affairsCurrencyMonetary policy
- Latest action
- Jul 15, 2026: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 3
Each bill appears once, under its strongest link. 3 in all.
Related, per CRS or House · 3
- 119th H.R. 10167 Common Cents Act R · Passed both
- 119th H.R. 4459 MINT Act of 2025 R · Introduced
- 119th S. 1525 Common Cents Act R · Passed one chamber
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]