Ends new penny production, but old pennies would still be valid for payments.
The "Common Cents Act" would stop the government from making new pennies for everyday use. However, any pennies you already have would still be good to spend. It would also change how 5-cent coins are made to help reduce production costs.
Today, the U.S. Mint makes new one-cent coins for everyone to use, and 5-cent coins must weigh exactly 5 grams. After this bill, the government would stop making new one-cent coins for general use, though old pennies would still be valid. The rules for 5-cent coins would change, allowing some to weigh between 4 and 6 grams, and the Treasury Secretary could choose their materials to save money.
HR 3074 · 119th Congress · April 29, 2025 · AI Summary by gemini-2.5-flash · 9/10
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43 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.