Bill would end penny production for circulation and allow cash rounding to 5 cents

Passed both chambersH.R. 10167Latest action Sep 28, 2026

Sponsor: Lisa C. McClain · Representative · MI

AIDecoded by AI · checked against the record

Part of a bigger question: Penny production and cash rounding

Read the official text

Official title: Common Cents Act

119th Congress

Topics: Jobs & the economy

Introduced: August 27, 2026

Read the official bill on Congress.gov

In plain words

The plain-language version comes first. The official text is always the reference.

HR 10167 would end circulating pennies and let sellers round cash totals to the nearest 5 cents, while card and other payments stay exact.

40-second read · 4 questions answered below

What does this do?

HR 10167 would end U.S. Mint production of pennies for everyday use, though it could still make them as collector items. Pennies already in circulation would remain legal money. The bill also lets the Treasury change the nickel's makeup to a zinc core with a nickel coating if that lowers production cost and works in coin-accepting machines.

Who does it affect?

It affects shoppers who pay with cash, store owners and cashiers, banks, and people who collect coins.

Why does it matter?

Cash totals that cannot be paid in exact change could be rounded, while payments by card, check, gift card, or electronic transfer would stay exact to the penny. The Treasury would study effects on low-income people, older adults, and people without bank accounts.

AI-drafted summary. Check it against the official text before you act on it.

Based on the “Referred in Senate” text of Sep 15, 2026.

Read the official bill on Congress.gov

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Where does it stand?

IntroducedAug 27, 2026
House committee
House vote
Senate
The president's deskYou are here · Sep 28, 2026

Right now: both chambers have passed it. It goes to the president next.

Latest action: September 28, 2026 — Passed Senate without amendment by Unanimous Consent.

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How it's being covered

Coverage of this bill from across the press. Each outlet's political lean is labeled where AllSides has rated it, and marked "Not rated" where it has not.

Newest of these articles: Sep 30, 2026

Coverage of this bill so far comes from one side of the spectrum. Read it with that in mind.

retaildive.com
Not rated
Senate passes Common Cents bill
Sep 30, 2026
“The measure to provide merchants a cash rounding framework and to formally phase out the penny now heads to the White House.” — retaildive.com
manilatimes.net
Center
US Congress votes to end production of the penny after 234 years, sending a bill to Trump
Sep 30, 2026
“WASHINGTON, D.C. — The US Mint stopped making pennies in 2025, but legislation passed by the Senate and headed to President Donald Trump’s desk will formall...” — manilatimes.net
americanbanker.com
Not rated
Senate sends penny bill supported by banks to Trump's desk
Sep 29, 2026
“The legislation would let merchants, as well as banks and credit unions, round cash transactions to the nearest nickel, part of the administration's effort to d...” — americanbanker.com
winnipegfreepress.com
Not rated
Congress votes to end production of the penny after 234 years, sending a bill to Trump
Sep 29, 2026
“WASHINGTON (AP) — The U.S. Mint stopped making pennies in 2025, but legislation passed by the Senate and headed to President Donald Trump’s desk will formal...” — winnipegfreepress.com
washingtontimes.com
Leans right
Senate advances bill to ban penny production
Sep 29, 2026
“The Senate on Monday approved a bill that would put into law President Trump's policy to stop minting pennies, each of which costs 3.69 cents to produce.” — washingtontimes.com

Lean labels describe the news outlet, not this bill or any party. Ratings by AllSides.