I 
119TH CONGRESS 
1ST SESSION H. R. 3074 
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 
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 Representa-
tives 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. ELIMINATION OF PRODUCTION OF ONE-CENT COIN. 
(a) ELIMINATION.—Not later than 1 year after the 
date of enactment of this Act, except as provided in sub-
section (b) and notwithstanding any other provision of law 
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(including section 5112(a)(6) of title 31, United States 
Code), the Secretary of the Treasury shall cease produc-
tion of one-cent coins. 
(b) EXCEPTION.— 
(1) IN GENERAL.—The Secretary of the Treas-
ury shall continue to produce one-cent coins as ap-
propriate solely to meet the needs of numismatic col-
lectors of the one-cent coin. 
(2) SALE.—Any one-cent coin produced under 
this subsection shall be sold in accordance with sec-
tion 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 sub-
section shall equal or exceed the total cost of produc-
tion, 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 con-
tinue to be legal tender for all debts, public and private, 
public charges, taxes, duties, and dues, in accordance with 
law. 
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SEC. 3. CASH TRANSACTION ROUNDING. 
(a) IN GENERAL.—Notwithstanding any other provi-
sion of law, any person selling goods or services in a cash 
transaction, entering into any other transaction that re-
sults 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 round-
ed 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 
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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. 
Æ 
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