Common Cents Act

The bill titled "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," designated as H.R. 3074 in the 119th Congress, was introduced on April 29, 2025. The purpose of the bill is to cease production of the penny by the Treasury, instead mandating that cash transactions be rounded to the nearest five cents.