Bill · 119th Congress
H.R. 10167
Common Cents Act
- 01 Introduced
- 02 Committee
- 03 Passed House
- 04 Passed Senate
- 05 To President
- 06 Law
Latest action · Oct 14, 2026
Message on Senate action sent to the House.
What this bill does
Common Cents Act
This 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.
Congressional Research Service · Introduced in House · Aug 27, 2026
How Congress voted
No recorded votes yet. Many bills pass by voice vote or unanimous consent, where no one's individual vote is written down.
Timeline
- Oct 14, 2026Message on Senate action sent to the House.
- Sep 28, 2026Passed Senate without amendment by Unanimous Consent.
- Sep 28, 2026Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
- Sep 28, 2026Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5120)
- Sep 15, 2026Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sep 14, 2026Motion to reconsider laid on the table Agreed to without objection.
- Sep 14, 2026On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5599-5601)
- Sep 14, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
- Sep 14, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 10167.
- Sep 14, 2026Considered under suspension of the rules. (consideration: CR H5599-5602)
- Sep 14, 2026Ms. De La Cruz moved to suspend the rules and pass the bill.
- Aug 27, 2026Referred to the House Committee on Financial Services.
- Aug 27, 2026Introduced in House
Cosponsors
1 member
- Robert GarciaD-CA-42
Details
Related bills
Cost estimates · Congressional Budget Office
None published
Subject tags · 5