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Currency Optimization, Innovation, and National Savings Act of 2025 (HR-1401) · Congress.wiki

Text Versions

Text as it was Introduced in House

February 18, 2025

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Sponsors (6)

House Votes

Pending Committee

February 18, 2025

Referred to the House Committee on Financial Services.

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Presidential Signature

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AI Summary

United StatesHouse Bill 1401HR 1401

Currency Optimization, Innovation, and National Savings Act of 2025

Finance and Financial Sector

house

Requires the Secretary of the Treasury to stop producing circulating one‑cent coins for 10 years after the law takes effect, while allowing the Mint to strike and sell penny coins solely for collectors on a cost‑recovery basis. Existing pennies remain legal tender.

senate

president

Introduced February 18, 2025 by Andrew S. Biggs · Last progress February 18, 2025