The record

LegislationLegislation· Oct 2026
HR 10167 Passed both chambers

Sponsored by Lisa C. McClain (R)

Common Cents Act

Stops penny production for general circulation and requires cash transactions to round to the nearest nickel.

Tradeoff

Eliminates pennies from everyday use, simplifying cash transactions. Requires businesses to round amounts ending in 1-4 cents down and 6-9 cents up, potentially affecting pricing.

What's in it

See official bill text

Passed the House by on September 14, 2026. Passed the Senate by on September 28, 2026.

  1. House

    Introduced

    (Aug 27, 2026)

  2. House

    Committee on Financial Services(Aug 27, 2026)

  3. House

    Passage of the bill

    Passed by (Sep 14, 2026)

    No individual votes were recorded.

  4. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Sep 15, 2026)

  5. Senate

    Passage of the bill

    Passed by (Sep 28, 2026)

    No individual votes were recorded.

  6. Senate

    Taken away from the Committee on Banking, Housing, and Urban Affairs

    Discharged(Sep 28, 2026)