Common Cents Act
Latest action (Jul 15, 2026) — Received in the Senate and Read twice and on Banking, Housing, and Urban Affairs.
What it does
Congressional Research Service, Apr 29, 2025This 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.
Face Value
as passed the HouseHow much of this bill its name accounts for.
- Every bill starts at100
- Nothing counted against it: one area of law, and short enough that length doesn't register.
Face Value measures reach, not honesty. A big bill can be accurately named, and a low score is not an accusation — it means the contents reach further than any short title could describe. Count it yourself ↗ How this is worked out
Who lobbied on this
7 organizationsThese organizations told Congress, in their own quarterly disclosures, that they were lobbying on this bill.
- Walmart Inc.wanted it passed
“…Discussions in support of the Credit Card Competition Act. H.R. 3074.S. 1525 - Common Cents Act.” filing ↗
- Food Marketplace Inc.no position stated
“…market, swipe fee reform Regulation II - debit routing and debit regulated rate S. 1582 - GENIUS Act Issues related to penny/coin circulation H.R. 3074/S. 1525 - Common Cents Act Issues related to Dodd Frank section 1033/open banking Issues related to stablecoins/cryptocurrency S. 3623/H.R.…” filing ↗
- Inspire Brands Inc.no position stated
“Common Cents Act of 2025 (H.R. 3074/S. 1525) is bipartisan U.S. legislation introduced in April 2025 to stop minting pennies, mandate rounding cash transactions to the nearest…” filing ↗
- Lowe's Companies, Inc.no position stated
“H.R. 7035, Credit Card Competition Act of 2026 S. 3623, Credit Card Competition Act of 2026 H.R. 3074, Common Cents Act S. 1525, Common Cents Act” filing ↗
- National Association of Convenience Storesno position stated
“…H.R.7035/S.3623: Credit Card Competition Act of 2026. H.R.3074/S.1525: Common Cents Act. Issues related to the penny shortage.” filing ↗
- Retail Industry Leaders Associationno position stated
“…Issues related to coin circulation. H.R. 3074/S. 1525 - Common Cents Act.” filing ↗
- Target Corporationno position stated
“…H.R. 7035/S. 3623, Credit Card Competition Act of 2026. H.R. 3074/S. 1525, Common Cents Act.” filing ↗
Most filings say only that an organization lobbied on a bill, not which side it took — where that's the case we say so rather than guessing. Quotes are verbatim from the filing. How this is built.
Discussion
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