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119th Congress Finance and Financial Sector

H.R. 3074: Common Cents Act

Passed HouseJul 14, 2026

  1. Introduced (completed)Apr 29, 2025
  2. Passed House (completed)Jul 14, 2026
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Apr 29, 2025

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.

Read the full summary

The bill takes effect one year after the date of enactment.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

72 points earned
  1. 1Lisa McClain R-MI SponsorDrew cross-party cosponsors, introduced, marked up, reported, passed House5 events+68
  2. 2Robert Garcia D-CACosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Lisa McClain

History

  1. Jul 14, 2026Passed the House by voice vote.
  2. Apr 29, 2025Introduced in the House by Lisa McClain.
Show the full action history (17 actions)
  1. Jul 15, 2026Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jul 14, 2026Considered under suspension of the rules. (consideration: CR H4432-4438)
  3. Jul 14, 2026On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4433-4434)
  4. Jul 14, 2026Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  5. Jul 14, 2026Considered under suspension of the rules.
  6. Jul 14, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.
  7. Jul 14, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  8. Jul 14, 2026On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  9. Jul 14, 2026Motion to reconsider laid on the table Agreed to without objection.
  10. Jul 14, 2026The title of the measure was amended. Agreed to without objection.
  11. Sep 4, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
  12. Sep 4, 2025Placed on the Union Calendar, Calendar No. 192.
  13. Jul 23, 2025Committee Consideration and Mark-up Session Held
  14. Jul 23, 2025Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.
  15. Jul 22, 2025Committee Consideration and Mark-up Session Held
  16. Apr 29, 2025Introduced in House
  17. Apr 29, 2025Referred to the House Committee on Financial Services.