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H.R. 3074 · 119th Congress

Common Cents Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Passed the House without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted. Its text can still change before it becomes law.

LMR McClainSponsor
1 cosponsor · 1 D
RGD Garcia

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

  1. House Introduced Apr 29, 2025
  2. House Passed Jul 14, 2026

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.

What it does: CRS summary · Introduced in House · Apr 29, 2025

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Common Cents Act

Latest action (Jul 15, 2026): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 29, 2025

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

  1. House Introduced Apr 29, 2025
  2. House Passed Jul 14, 2026

No recorded floor vote found.