Common Cents Act

[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 six