HR 3074
· 119th Congress
· Finance and Financial Sector
Common Cents Act
Sponsor
Latest action
Placed on the Union Calendar, Calendar No. 192.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
Sep 04, 2025
committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
Financial Services Committee
Sep 04, 2025
other
Placed on the Union Calendar, Calendar No. 192.
Jul 23, 2025
committee
Committee Consideration and Mark-up Session Held
Financial Services Committee
Jul 23, 2025
committee
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.
Financial Services Committee
Jul 22, 2025
committee
Committee Consideration and Mark-up Session Held
Financial Services Committee
Apr 29, 2025
introduced
Introduced in House
Apr 29, 2025
introduced
Referred to the House Committee on Financial Services.
Financial Services Committee
Text versions
Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+80
−56
22 unchanged
--- Introduced (House)
+++ Reported (House)
@@ -1,11 +1,14 @@
[From the U.S. Government Publishing Office]
-[H.R. 3074 Introduced in House (IH)]
+[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
@@ -20,6 +23,15 @@
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]
_______________________________________________________________________
@@ -36,61 +48,73 @@
This Act may be cited as the ``Common Cents Act''.
-SEC. 2. ELIMINATION OF PRODUCTION OF ONE-CENT COIN.
+SEC. 2. SPECIFICATIONS OF 5-CENT COINS AND ELIMINATION OF ONE-CENT
+COINS.
-(a) Elimination.--Not later than 1 year after the date of enactment
-of this Act, except as provided in subsection (b) and notwithstanding
-any other provision of law (including section 5112(a)(6) of title 31,
-United States Code), the Secretary of the Treasury shall cease
-production of one-cent coins.
-(b) Exception.--
-(1) In general.--The Secretary of the Treasury shall
-continue to produce one-cent coins as appropriate solely to
-meet the needs of numismatic collectors of the one-cent coin.
-(2) Sale.--Any one-cent coin produced under this subsection
-shall be sold in accordance with section 5132(a) of title 31
-United States Code, and any other provisions of law governing
-numismatic coins.
-(3) Net receipts.--The net receipts from the sale of any
-one-cent coin produced under this subsection shall equal or
-exceed the total cost of production, including variable costs
-and the appropriate share of fixed costs of production, as
-determined by the Secretary of the Treasury.
-(c) No Effect on Legal Tender.--All coins and currencies of the
-United States, regardless of when coined, printed, or issued, and
-including one-cent coins, shall continue to be legal tender for all
-debts, public and private, public charges, taxes, duties, and dues, in
-accordance with law.
+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
-SEC. 3. CASH TRANSACTION ROUNDING.
+119th CONGRESS
-(a) In General.--Notwithstanding any other provision of law, any
-person selling goods or services in a cash transaction, entering into
-any other transaction that results in a payment or transfer of cash
-between the parties to the transaction, or paying cash wages to an
-employee as compensation, shall round the payment in the following
-manner:
-(1) Rounding down.--In any case in which the total
-transaction amount, including any taxes, ends with 1 cent, 2
-cents, 6 cents, or 7 cents as the final digit, the amount of
-cents in the sum shall be rounded down to the nearest amount
-divisible by 5 for any person seeking to make payment with
-legal tender.
-(2) Rounding up.--In any case in which the total
-transaction amount, including any taxes, ends with 3 cents, 4
-cents, 8 cents, or 9 cents as the final digit, the amount of
-cents in the sum shall be rounded up to the nearest amount
-divisible by 5 for any person seeking to make payment with
-legal tender.
-(b) Exception.--Subsection (a) shall not apply to--
-(1) transactions in which the total transaction amount,
-including any taxes, totals $0.01 or $0.02, where such
-transactions shall be rounded up to $.05 for any person seeking
-to make payment with legal tender; or
-(2) any transaction for which payment is made by any demand
-or negotiable instrument, electronic fund transfer, check, gift
-card, money order, credit card, or other like instrument or
-method.
-(c) Effective Date.--This section shall take effect 1 year after
-the date of enactment of this Act.
-<all>
+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
Lobbying activity
Organizations whose LDA filings reference this bill, ranked by filing count. Position not disclosed — LDA does not require lobbyists to report support / oppose / monitor. Bill-number references can be stale (lobbyists sometimes copy text year-over-year), so verify against the filing description.
4
filings · 2026 Q3
4
filings · 2026 Q3
WALMART INC
BAN
3
filings · 2026 Q3
3
filings · 2026 Q3
3
filings · 2026 Q3
3
filings · 2026 Q3
2
filings · 2026 Q4
2
filings · 2026 Q4
HOME DEPOT
BAN
2
filings · 2026 Q4
KEYCORP
BAN
2
filings · 2026 Q4
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Cosponsors (1)
Members who signed on to support this bill.