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BillsHH.R. 3074

Common Cents Act

119th CongressIntroduced April 29, 2025Rep. McClain, Lisa C. [R-MI-9]· MI-09
Stage
In other chamber
Latest action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 15, 2026

Summary

Common Cents Act This bill generally ends the production of the penny and requires rounding to the nearest amount divisible by five for the payment or transfer of cash.

Committees

  • PrimaryBanking, Housing, and Urban Affairs Committee
  • AlsoFinancial Services Committee

CRS subjects

Consumer affairsCurrencyMonetary policy

Action history

  1. April 29, 2025Introduced in House
  2. April 29, 2025Introduced in House
  3. April 29, 2025Referred to the House Committee on Financial Services.
  4. July 22, 2025Committee Consideration and Mark-up Session Held
  5. July 23, 2025Committee Consideration and Mark-up Session Held
  6. July 23, 2025Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.
  7. September 4, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
  8. September 4, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
  9. September 4, 2025Placed on the Union Calendar, Calendar No. 192.
  10. July 14, 2026Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  11. July 14, 2026Considered under suspension of the rules. (consideration: CR H4432-4438)
  12. July 14, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.
  13. July 14, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  14. July 14, 2026On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4433-4434)
  15. July 14, 2026Motion to reconsider laid on the table Agreed to without objection.
  16. July 14, 2026The title of the measure was amended. Agreed to without objection.
  17. July 15, 2026Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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