Common Cents Act
Introduced Aug 27, 2026 by Rep. Lisa C. McClain
Both chambers passed it. It's headed to the President to be signed or vetoed.
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.
Read the full summary on Congress.govSummary by the Congressional Research Service.
No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.
- Sep 28, 2026Passed Senate without amendment by Unanimous Consent.
- Sep 28, 2026Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
- Sep 28, 2026Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5120)
- Sep 15, 2026Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sep 14, 2026Motion to reconsider laid on the table Agreed to without objection.
- Sep 14, 2026On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5599-5601)
- Sep 14, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
- Sep 14, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 10167.
- Sep 14, 2026Considered under suspension of the rules. (consideration: CR H5599-5602)
- Sep 14, 2026Ms. De La Cruz moved to suspend the rules and pass the bill.
- Aug 27, 2026Referred to the House Committee on Financial Services.
- Aug 27, 2026Introduced in House