Common Cents Act (H.R. 3074)
Referred to CommitteeLatest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
7/15/2026 • Senate
Summary
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.
Introduced in House • 4/29/2025
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
Sponsor
Cosponsors (1)
Bill Journey
Originated in the House
Introduced
April 29, 2025
Committee Review
July 22, 2025
Committee Consideration and Mark-up Session Held
Floor Debate
July 14, 2026
Passed Chamber
July 14, 2026
Other Chamber
President
Enacted into Law
Text Versions (4)
Committee Reports (1)
Related Bills (3)
Committees
Details
Sources and method
· Congress.gov, CRS, USAspending, FEC, LDA · Record updated Sep 16, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Sep 16, 2026 · Loaded Oct 28, 2026, 4:54 PM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Introduced in House” version, Apr 29, 2025 · Loaded Oct 28, 2026, 4:54 PM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
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