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Common Cents Act

Passed first chamber: it can still change before the session ends.

US HR 3074 · House Bill · 119th Congress

Stage
Passed first chamber
Started in
House
Sponsors
2
Latest action
Jul 15, 2026

What it does

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.

Official summary · Introduced in House · Apr 29, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Apr 29, 2025

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Jul 15, 2026

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Common Cents Act | 52