[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