HR. 3074In Committee

Common Cents Act

What this bill does

Ends production of the penny and requires cash payments, transfers, and wages to be rounded to the nearest five cents

Key points
  • Require cash rounding
  • Allow collector pennies
  • Terminate penny production

Where it stands

Status
In Committee
Latest action
2026-07-15Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.