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House bill · H.R. 3074 (119th Congress)

Common Cents Act

U.S. House of Representatives

Latest action Jul 15, 2026

Sponsor: Lisa C. McClain (U.S. Representative, MI-9, Republican)

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From Congress.gov and official rosters. This record was last updated Aug 3, 2026. About our data

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. 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.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Passed one of the two chambers; it still needs the other.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Financial Services · U.S. House of Representatives

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Cosponsors

1

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic1

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Related bills

As identified by Congress.gov.

Full history

  1. Jul 15, 2026

    In committee

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    U.S. House

  2. Jul 15, 2026

    Sent to the executive

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    U.S. Senate

  3. Jul 14, 2026

    Considered Under Suspension of the rules. (consideration: cr H4432-4438)

    Considered under suspension of the rules. (consideration: CR H4432-4438)

  4. Jul 14, 2026

    Considered Under Suspension of the rules. (consideration: cr H4432-4438)

    Considered under suspension of the rules. (consideration: CR H4432-4438)

  5. Jul 14, 2026

    Considered Under Suspension of the rules. (consideration: cr H4432-4438)

    Considered under suspension of the rules. (consideration: CR H4432-4438)

Show full history (23 earlier events)
  1. Jul 14, 2026

    Debate - the House Proceeded With Forty Minutes of Debate on H.R. 3074.

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.

    U.S. House of Representatives

  2. Jul 14, 2026

    Passed a chamber

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

    U.S. House of Representatives

  3. Jul 14, 2026

    Passed a chamber

    The title of the measure was amended. Agreed to without objection.

  4. Jul 14, 2026

    Passed a chamber

    The title of the measure was amended. Agreed to without objection.

  5. Jul 14, 2026

    Passed a chamber

    The title of the measure was amended. Agreed to without objection.

  6. Sep 4, 2025

    Placed on the Union Calendar, Calendar No. 192.

  7. Sep 4, 2025

    Placed on the Union Calendar, Calendar No. 192.

  8. Sep 4, 2025

    Placed on the Union Calendar, Calendar No. 192.

  9. Sep 4, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.

  10. Sep 4, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.

  11. Sep 4, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.

  12. Jul 23, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  13. Jul 23, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  14. Jul 23, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  15. Jul 23, 2025

    Reported out of committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.

  16. Jul 23, 2025

    Reported out of committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.

  17. Jul 23, 2025

    Reported out of committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.

  18. Jul 22, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  19. Jul 22, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  20. Jul 22, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  21. Apr 29, 2025

    Introduced

    Introduced in House

    U.S. House of Representatives

  22. Apr 29, 2025

    Introduced

    Introduced in U.S. House

    U.S. House

  23. Apr 29, 2025

    Referred to committee

    Referred to the House Committee on Financial Services.

    U.S. House of Representatives

Read the record