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S. 1525119th CongressPassed one chamberLatest action Aug 7, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
The Common Cents Act would stop new penny production and require cash purchases to round to the nearest five cents.
40-second read · 5 questions answered below
The bill would halt U.S. Mint production of new pennies one year after enactment, except limited collector coins sold to cover their own cost. Starting the same year, cash transaction totals would round to the nearest five cents, while card, check, and electronic payments stay exact.
This affects cash-paying shoppers, retailers, vending machine operators, and employers paying cash wages, plus the U.S. Mint, Treasury Department, and coin collectors.
Businesses and consumers using cash would need to adjust pricing and payment systems to the new rounding rule, while existing pennies remain legal tender.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it passed the Senate and now goes to the House. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Passed Senate with an amendment by Unanimous Consent.
Coverage of this bill from across the press — each outlet's political lean labeled where AllSides has rated it, and marked "Not rated" where it hasn't.
Newest of these articles:
time.com
Leans left
washingtontimes.com
Leans right
cbsnews.com
Leans left
newser.com
Not rated
theshelbyreport.com
Not rated
Lean labels describe the news outlet, not this bill or any party. Ratings by AllSides.