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H.R. 3074 119th Congress House

Common Cents Act

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

Introduced: April 29, 2025 Introduced by: Lisa C. McClain Republican · Michigan See on congress.gov
Finance and Financial Sector Consumer affairsCurrencyMonetary policy
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 Everywhere this bill has been 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 2026
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 14, 2026 · 3:02 PM EDT
The title of the measure was amended. Agreed to without objection.
Jul 14, 2026 · 3:02 PM EDT
Motion to reconsider laid on the table Agreed to without objection.
Jul 14, 2026 · 3:02 PM EDT
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4433-4434)
Jul 14, 2026 · 3:02 PM EDT
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Jul 14, 2026 · 2:46 PM EDT
DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.
Jul 14, 2026 · 2:46 PM EDT
Considered under suspension of the rules. (consideration: CR H4432-4438)
Jul 14, 2026 · 2:46 PM EDT
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Sep 4, 2025
Placed on the Union Calendar, Calendar No. 192.
Sep 4, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
Jul 23, 2025
Committee Consideration and Mark-up Session Held
Jul 23, 2025
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.
Jul 22, 2025
Committee Consideration and Mark-up Session Held
Apr 29, 2025
Introduced in House
Apr 29, 2025
Referred to the House Committee on Financial Services.
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What's happening now July 15, 2026

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

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.

 Hearings & markups 2
 Related & companion bills 3
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 112

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 · Apr 29, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3074: Common Cents Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3074/
MLA
"H.R. 3074: Common Cents Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3074/.
Bluebook (legal)
H.R. 3074, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3074/.
Markdown link
[H.R. 3074: Common Cents Act](https://openamerica.io/bill/119-HR-3074/)
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