To suspend the production of the penny and nickel, to require the Comptroller General of the United States to carry out a study on pennies and nickels, and for other purposes.

This bill proposes to suspend the production of one-cent and five-cent coins for a 10-year period, aiming to save taxpayer money. An exception allows for the continued production of these coins solely for numismatic collectors , with sales designed to cover all production costs. Crucially, the bill clarifies that all existing one-cent and five-cent coins will remain legal tender for all debts and public charges, ensuring their continued usability in circulation. Furthermore, the legislation mandates that the Comptroller General of the United States conduct a comprehensive study within three years of enactment. This study will assess the effects of the production suspension, considering factors such as net savings and the impact of rounding cash purchases to the nearest ten cents. The Comptroller General's report will ultimately recommend whether the production of pennies and nickels should remain suspended, be permanently ended, or be reinstated based on the study's findings.