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Common Cents Act
9/30/2025, 11:57 PM
Summary of Bill HR 3074
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.
Read the Full Bill
Current Status of Bill HR 3074
Bill HR 3074 is currently in the status of Bill Introduced since April 29, 2025. Bill HR 3074 was introduced during Congress 119 and was introduced to the House on April 29, 2025. Bill HR 3074's most recent activity was Placed on the Union Calendar, Calendar No. 192. as of September 4, 2025
Bipartisan Support of Bill HR 3074
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3074
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Consumer affairs
- Currency
- Monetary policy
Alternate Title(s) of Bill HR 3074
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.
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.
Comments
Dominic Dillon
869
8 months ago
I'm curious about this bill. How will it impact me and others in AR?
Sponsors and Cosponsors of HR 3074
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