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H.R. 10167 119th Congress House

Common Cents Act

Official title: To direct the Secretary of the Treasury to stop minting the penny, to require cash transactions to be rounded up or down to the nearest 5 cents, and for other purposes.

Introduced: August 27, 2026 Introduced by: Lisa C. McClain Republican · Michigan See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresConsumer affairsCurrencyDepartment of the TreasuryMonetary policy
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 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 14, 2026
Message on Senate action sent to the House.
Sep 28, 2026
Passed Senate without amendment by Unanimous Consent.
Sep 28, 2026
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Sep 28, 2026
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Sep 28, 2026
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5120)
Sep 15, 2026
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 14, 2026 · 7:27 PM EDT
Motion to reconsider laid on the table Agreed to without objection.
Sep 14, 2026 · 7:27 PM EDT
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5599-5601)
Sep 14, 2026 · 7:27 PM EDT
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
Sep 14, 2026 · 7:14 PM EDT
DEBATE - The House proceeded with forty minutes of debate on H.R. 10167.
Sep 14, 2026 · 7:14 PM EDT
Considered under suspension of the rules. (consideration: CR H5599-5602)
Sep 14, 2026 · 7:14 PM EDT
Ms. De La Cruz moved to suspend the rules and pass the bill.
Aug 27, 2026
Referred to the House Committee on Financial Services.
Aug 27, 2026
Introduced in House
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What's happening now October 14, 2026

Message on Senate action sent to the House.

 Plain-English summary Congressional Research Service

Common Cents Act

This bill ends the production of the penny for general circulation, requires rounding to an amount divisible by five for the payment or transfer of cash, and allows the nickel to be composed of different material.

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 also allows Treasury to discontinue the minting for circulation of any coin if Treasury follows procedures as outlined by the bill, including providing notice and a briefing to Congress.

The Federal Reserve Board must periodically report on a strategic plan for the acceptance of penny orders and deposits at commercial coin terminals that provide services under agreements with Federal Reserve banks. 

Finally, the bill allows for a different material composition of the nickel. In addition to being made from an alloy of copper and nickel, the nickel may also be clad with an inner core of zinc and an outer layer of nickel. 

 Related & companion bills 3
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 15

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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 Cosponsors 1
All 1 Democratic 1
D
Garcia, Robert
California · Aug 27, 2026
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 10167: Common Cents Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-10167/
MLA
"H.R. 10167: Common Cents Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-10167/.
Bluebook (legal)
H.R. 10167, 119th Cong. (2026), https://openamerica.io/bill/119-HR-10167/.
Markdown link
[H.R. 10167: Common Cents Act](https://openamerica.io/bill/119-HR-10167/)
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