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Referred to the House Committee on Financial Services.
Introduced April 29, 2025 by Lisa C. McClain · Last progress April 29, 2025
Stops routine production of the one‑cent coin within one year except for limited collector (numismatic) coins that must be sold at prices that cover production costs; the penny remains legal tender. Requires cash payments (including cash wages) to be rounded to the nearest five cents under a specified rule for which cents round up or down; non‑cash payments are not affected. The cash‑rounding rule becomes effective one year after enactment.
Common Cents Act
MINT Act of 2025