119-s1554

S
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Make Sense Not Cents Act

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Introduced:
May 1, 2025
Policy Area:
Finance and Financial Sector

Bill Statistics

2
Actions
1
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
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Latest Action

May 1, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Actions (2)

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Type: IntroReferral | Source: Senate
May 1, 2025
Introduced in Senate
Type: IntroReferral | Source: Library of Congress | Code: 10000
May 1, 2025

Subjects (1)

Finance and Financial Sector (Policy Area)

Cosponsors (1)

(R-UT)
May 1, 2025

Text Versions (1)

Introduced in Senate

May 1, 2025

Full Bill Text

Length: 3,075 characters Version: Introduced in Senate Version Date: May 1, 2025 Last Updated: Nov 21, 2025 6:26 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 1554 Introduced in Senate

(IS) ]

<DOC>

119th CONGRESS
1st Session
S. 1554

To amend title 31, United States Code, to prohibit the Secretary of the
Treasury from minting or issuing 1-cent coins.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

May 1, 2025

Mr. Merkley (for himself and Mr. Lee) introduced the following bill;
which was read twice and referred to the Committee on Banking, Housing,
and Urban Affairs

_______________________________________________________________________

A BILL

To amend title 31, United States Code, to prohibit the Secretary of the
Treasury from minting or issuing 1-cent coins.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

This Act may be cited as the ``Make Sense Not Cents Act''.
SEC. 2.

It is the sense of Congress that Congress has the sole authority to
coin money and regulate currency.
SEC. 3.

(a) In General.--The Secretary of the Treasury may not mint or
issue a 1-cent coin.

(b) Technical and Conforming Amendments.--

(1) Title 31, United States Code, is amended--
(A) in
section 5112-- (i) in subsection (a) -- (I) by striking paragraph (6) ; and (II) by redesignating paragraphs (7) through (12) as paragraphs (6) through (11) , respectively; (ii) in subsection (b) , by striking the eighth sentence; (iii) by striking subsection (c) ; (iv) in subsection (i) , by striking `` (7) , (8) , (9) , and (10) '' each place the term appears and inserting `` (6) , (7) , (8) , and (9) ''; (v) in subsection (j) , by striking `` (7) , (8) , (9) , or (10) '' and inserting `` (6) , (7) , (8) , or (9) ''; and (vi) in subsection (v) , by striking ``paragraph (12) '' each place the term appears and inserting ``paragraph (11) ''; (B) in
(i) in subsection

(a) --
(I) by striking paragraph

(6) ; and
(II) by redesignating paragraphs

(7) through

(12) as paragraphs

(6) through

(11) , respectively;
(ii) in subsection

(b) , by striking the
eighth sentence;
(iii) by striking subsection
(c) ;
(iv) in subsection
(i) , by striking ``

(7) ,

(8) ,

(9) , and

(10) '' each place the term
appears and inserting ``

(6) ,

(7) ,

(8) , and

(9) '';
(v) in subsection

(j) , by striking ``

(7) ,

(8) ,

(9) , or

(10) '' and inserting ``

(6) ,

(7) ,

(8) , or

(9) ''; and
(vi) in subsection
(v) , by striking
``paragraph

(12) '' each place the term appears
and inserting ``paragraph

(11) '';
(B) in
section 5113 (a) , by striking the third sentence; and (C) in

(a) , by striking the third
sentence; and
(C) in
section 5132 (a) , by striking ``through (6) '' each place the term appears and inserting ``through (5) ''.

(a) , by striking ``through

(6) ''
each place the term appears and inserting ``through

(5) ''.

(2) Section 408
(m) (3)
(A)
(i) of the Internal Revenue Code of
1986 is amended by striking ``paragraph

(7) ,

(8) ,

(9) , or

(10) '' and inserting ``paragraph

(6) ,

(7) ,

(8) , or

(9) ''.
SEC. 4.

Notwithstanding any other provision of this Act, or any amendment
made by this Act, one-cent coins are legal tender in the United States
for all debts, public and private, public charges, taxes, and duties,
regardless of the date of minting or issue.
<all>