Common Cents Act
USA119th CongressHR-3074| House
| Updated: 7/15/2026
Lisa C. McClain
Republican Representative
Michigan
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This legislation mandates that the Secretary of the Treasury discontinue the production of one-cent coins for general circulation. While general circulation pennies will cease, the Secretary retains the authority to produce one-cent coins specifically for sale as numismatic items. Significantly, all one-cent coins minted and issued prior to the enactment of this measure will continue to be recognized as legal tender for all debts, public charges, taxes, and dues. Furthermore, the bill modifies the specifications for the five-cent coin by amending title 31, United States Code. It permits the five-cent coin to be composed of an inner layer of zinc and an outer layer of nickel. The Secretary is granted discretion to determine the precise composition of these materials, with the primary objective of reducing the cost incurred to produce such coins.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.
Placed on the Union Calendar, Calendar No. 192.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4432-4438)
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4433-4434)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
The title of the measure was amended. Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Consumer affairsCurrencyMonetary policy
Common Cents Act
USA119th CongressHR-3074| House
| Updated: 7/15/2026
This legislation mandates that the Secretary of the Treasury discontinue the production of one-cent coins for general circulation. While general circulation pennies will cease, the Secretary retains the authority to produce one-cent coins specifically for sale as numismatic items. Significantly, all one-cent coins minted and issued prior to the enactment of this measure will continue to be recognized as legal tender for all debts, public charges, taxes, and dues. Furthermore, the bill modifies the specifications for the five-cent coin by amending title 31, United States Code. It permits the five-cent coin to be composed of an inner layer of zinc and an outer layer of nickel. The Secretary is granted discretion to determine the precise composition of these materials, with the primary objective of reducing the cost incurred to produce such coins.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 13.
Placed on the Union Calendar, Calendar No. 192.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-235.
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4432-4438)
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 3074.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4433-4434)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
The title of the measure was amended. Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Lisa C. McClain
Republican Representative
Michigan
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Consumer affairsCurrencyMonetary policy