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Passed origin
745 total · sort: latest action
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S. 3798 · SENATE1mo
Safe Access to Cash Act of 2026
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EARLY Act Reauthorization of 2025
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119th Congress · H.R. 3074 · Passed Origin

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. The Department of the Treasury must stop producing the penny, except to meet collector needs. The penny shall continue to be legal tender. Any person selling goods or services in a cash transaction, entering into other transfers of cash, or paying cash wages to an employee must round the payment up or down in accordance with the bill. The bill takes effect one year after the date of enactment.

Full bill text →

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SubjectsConsumer affairsCurrencyMonetary policy
Sponsor
Lisa C. McClain, R-MI-9
3 terms · @RepLisaMcClain
Official website ↗
562 Cannon House Office Building Washington DC 20515-2209 · 202-225-2106
Cosponsors (1)
  • Robert J. Garcia, D-CA-42Original cosponsor
    Co-sponsored Apr 29, 2025 · 2 terms · @RepRobertGarcia
Committees (2)
  • Banking, Housing, and Urban Affairs Committee
    Senate Standing · Activity Jul 15, 2026
  • Financial Services Committee
    House Standing · Activity Sep 4, 2025
Actions (17)
  1. Jul 15, 2026 · via Senate
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jul 14, 2026 · via House floor actions
    The title of the measure was amended. Agreed to without objection.
  3. Jul 14, 2026 · via House floor actions
    Motion to reconsider laid on the table Agreed to without objection.
  4. Jul 14, 2026 · via House floor actions
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4433-4434)
  5. Jul 14, 2026 · via Library of Congress
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  6. Jul 14, 2026 · via House floor actions
    DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.
  7. Jul 14, 2026 · via House floor actions
    Considered under suspension of the rules. (consideration: CR H4432-4438)
  8. Jul 14, 2026 · via House floor actions
    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  9. Sep 4, 2025 · via House floor actions
    Placed on the Union Calendar, Calendar No. 192.
  10. Sep 4, 2025 · via House floor actions
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
  11. Sep 4, 2025 · via Library of Congress
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
  12. Jul 23, 2025 · via House committee actions
    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.
  13. Jul 23, 2025 · via House committee actions
    Committee Consideration and Mark-up Session Held
  14. Jul 22, 2025 · via House committee actions
    Committee Consideration and Mark-up Session Held
  15. Apr 29, 2025 · via House floor actions
    Referred to the House Committee on Financial Services.
  16. Apr 29, 2025 · via Library of Congress
    Introduced in House
  17. Apr 29, 2025 · via Library of Congress
    Introduced in House
IntroducedApr 29, 2025
Policy areaFinance and Financial Sector
RelatedH.R. 10167 · H.R. 4459 · S. 1525
SourceView on Congress.gov ↗
Bill textRead full text →

Constitutional authority cited

[Congressional Record Volume 171, Number 71 (Tuesday, April 29, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. McCLAIN:H.R. 3074.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 5[Page H1728]
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