119-hr3074

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3074 Reported in House

    (RH) ]

<DOC>

 Union Calendar No. 192
119th CONGRESS
 1st Session
 H. R. 3074

 [Report No. 119-235]

 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.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 April 29, 2025

Mrs. McClain (for herself and Mr. Garcia of California) introduced the 
 following bill; which was referred to the Committee on Financial 
 Services

 September 4, 2025

 Reported with an amendment, committed to the Committee of the Whole 
 House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
 in italic]
 [For text of introduced bill, see copy of bill as introduced on April 
 29, 2025]

_______________________________________________________________________

 A BILL

 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.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Common Cents Act''.

SEC. 2. SPECIFICATIONS OF 5-CENT COINS AND ELIMINATION 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 following: ``weighs--
 ``
        (A) 5 grams, with respect to such coin that is an 
 alloy of copper and nickel; 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 be a coin with an 
 inner layer of zinc and an outer layer of nickel.
 ``

    (2) Composition.--The Secretary may prescribe the 
 composition of zinc and nickel in the 5-cent coin, subject to 
 testing and evaluation that such composition reduces the cost 
 incurred to produce such coin.''; and

    (4) by adding at the end the following:
 ``

    (bb) Elimination of One-cent Coin.--
 ``

    (1) In general.--Notwithstanding any other provision of 
 law, the Secretary shall cease production of one-cent coins for 
 general circulation, but may continue to produce and issue one-
 cent coins for sale as numismatic items.
 ``

    (2) No effect on legal tender.--Any one-cent coin that is 
 minted and issued on any date before the date of the enactment 
 of this subsection shall remain legal tender for all debts, 
 public charges, taxes, and dues.''.
 Union Calendar No. 192

119th CONGRESS

 1st Session

 H. R. 3074

 [Report No. 119-235]

_______________________________________________________________________

 A BILL

 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.

_______________________________________________________________________

 September 4, 2025

 Reported with an amendment, committed to the Committee of the Whole 
 House on the State of the Union, and ordered to be printed