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Common Cents Act

H.R. 3074 Rep. Lisa McClain (R-MI-9) Passed House
Bill text PDF
  1. Introduced Apr 29
  2. Committee Apr 29
  3. Passed House Jul 14
  4. Passed Senate Next
  5. To President Not yet
  6. Law Not yet
Where it stands
Passed House, Jul 14, 2026Next: Senate vote
104d ago Jul 15, 2026: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
8companies, 31 filings
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Member trades
42trades in the last 90 days
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Companies lobbying on this bill

8 companies
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Consumer & Retail 7Financials 1
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Summary

Common Cents Act

Full summary4 paragraphs

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.

Library of Congress summary, Apr 29, 2025

Summary versions
  • Introduced in HouseApr 29, 2025

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.