The record

LegislationLegislation· Aug 2026
S 1525 Passed Senate — in House

Sponsored by Cynthia M. Lummis (R)

Common Cents Act

Ends penny production, requires cash payment rounding to nearest nickel.

Tradeoff

Stops minting pennies to reduce costs while keeping existing pennies legal. Requires rounding cash transactions to the nearest five cents, which may round amounts up or down depending on the final digit.

What's in it

See official bill text

Passed the Senate by on August 7, 2026 — sitting in the House.

  1. Senate

    Introduced

    (Apr 30, 2025)

  2. Senate

    Committee on Banking, Housing, and Urban Affairs(Apr 30, 2025)

  3. Senate · Amended

    Senator Lummis's

    Agreed to by (S.Amdt. 6766 · Aug 7, 2026)

    Makes cash rounding optional rather than required, and directs the Treasury to stop making circulating pennies without the earlier one-year deadline.

    No individual votes were recorded.

  4. Senate

    Passage of the bill

    Passed by (Aug 7, 2026)

    No individual votes were recorded.

  5. Senate

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

    Discharged(Aug 7, 2026)

  6. House

    Received from the Senate

    Received(Aug 10, 2026)