U.S. Congress legislation · 119th Congress
HB3074: Common Cents Act
Status: Passed one chamber, July 15, 2026
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 five cents, and for other purposes.
What the bill says
An act 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.
From the introduced text, July 15, 2026:
AN ACT 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. SECTION 1. Short title This Act may be cited as the Common Cents Act . SECTION 2. Specifications of 5-cent coins and ceasing production of one-cent coins Section 5112 of title 31, United States Code, is amended-- (1) in subsection (a)-- (A) in paragraph (5), by striking weighs 5 grams. and inserting the or (B) between 4 and 6 grams, with respect to such coin as described in subsection (c). ; and (B) in paragraph (6)-- (i) by striking except as provided under subsection (c) of this section, ; and (ii) by striking and weighs 3.11 grams ; (2) in subsection (b)-- (A) in the sixth sentence-- (i) by inserting either before an alloy ; and (ii) by inserting or a composition described in subsection (c) before the period; (B) by inserting with respect to such coins that are an alloy of copper and nickel after nickel required ; and (C) by striking Except through zinc and inserting The one-cent coin is composed of copper and zinc ; (3) by amending subsection (c) to read as follows: (c) 5-cent coin (1) In general The 5-cent coin may …
Sponsors
- Lisa McClain (R, HD-009) · primary sponsor
- Robert Garcia (D, HD-CA-42)
Latest actions
- : Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- : Motion to reconsider laid on the table Agreed to without objection.
- : The title of the measure was amended. Agreed to without objection.
- : Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- : On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4433-4434)
- : Considered under suspension of the rules.
- : DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.
- : Considered under suspension of the rules. (consideration: CR H4432-4438)
- : Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
- : Placed on the Union Calendar, Calendar No. 192.
Subjects: Consumer affairs, Finance and Financial Sector, Currency, Monetary policy
Common questions
- What is HB3074?
- HB3074 is a bill in Congress (119th Congress): Common Cents Act.
- What does HB3074 do?
- In its own words: An act 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.
- What is the status of HB3074?
- Passed one chamber as of July 15, 2026. Latest action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (July 15, 2026).
- Who sponsored HB3074?
- Lisa McClain (R, HD-009), with 1 co-sponsor.
- Where is the official record for HB3074?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/3074
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.