Common Cents Act
Latest action (Aug 10, 2026) — Held at the desk.
What it does
Congressional Research Service, Aug 7, 2026This bill ends the production of the penny for general circulation, requires rounding to an amount divisible by five for the payment or transfer of cash, and allows the nickel to be composed of different material.
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 also allows Treasury to discontinue the minting for circulation of any coin if Treasury follows procedures as outlined by the bill, including providing notice and a briefing to Congress.
The Federal Reserve Board must periodically report on a strategic plan for the acceptance of penny orders and deposits at commercial coin terminals that provide services under agreements with Federal Reserve banks.
Finally, the bill allows for a different material composition of the nickel. In addition to being made from an alloy of copper and nickel, the nickel may also be clad with an inner core of zinc and an outer layer of nickel.
Face Value
as introducedHow 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
“…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. 7035 -…” 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 nickel,…” 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. H.R. 8413, SECURE Data Act. H.R. 8398, Guidelines for Use, Access, and Responsible Disclosure of Financial Data 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
0 commentsSign in to join the discussion and put your vote on the record.
No comments yet. Be the first to make the case.