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119th Congress · House bill · Last action Oct 14, 2026
Bills›Finance and Financial Sector›H.R. 10167Congress.gov ↗
H.R. 10167Passed Both ChambersFinance and Financial Sector

Common Cents Act

Sponsor: Rep. McClain, Lisa C. (R-MI)1 cosponsorIntroduced Aug 27, 2026
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In plain English

Rep. Lisa McClain (R-MI) sponsored this bill to stop minting pennies for general circulation while keeping them legal tender, and to require cash transactions to round to the nearest amount divisible by five. The bill allows the Treasury to change the material composition of nickels and gives Treasury authority to discontinue any coin from circulation if it follows notice and congressional briefing procedures. The Federal Reserve must develop and report on a strategic plan for accepting pennies at coin terminals.

What’s in the bill (6 sections)
  • Sec. 2. Specifications of 5-cent coins and ceasing production of one-
  • Sec. 3. Cash transaction rounding
  • Sec. 4. Treatment of federal, state, and tribal law with respect to
  • Sec. 5. Strategic plan and report on coin terminal operations and coin
  • Sec. 6. Discontinuation of circulation of coins
  • Sec. 7. Definitions
Generated by ThePolitibase from the bill text and CRS summary. Read the official text →
Note: the official CRS summary for this bill was written on 2026-08-27, but the bill text was revised on 2026-09-15T04:00:00Z. Provisions may have been added since the summary was written — the section list above reflects the current text.

Where it is in the process

✓
Introduced
Aug 27
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House committee
Sep 15
✓
House floor
Sep 14
✓
Senate
Sep 28
5
Signed
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What happens next: Cleared both chambers. Heads to the President's desk.

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Sponsor

Cosponsors (1)

RR
All Democratic.

Activity timeline

Oct 14
1d ago
Message on Senate action sent to the House.
Sep 28
Sep 28
Passed Senate without amendment by Unanimous Consent.
Sep 28
Sep 28
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Sep 28
Sep 28
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5120)
Sep 28
Sep 28
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5120)
Sep 15
Sep 15
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 14
Sep 14
Motion to reconsider laid on the table Agreed to without objection.
Sep 14
Sep 14
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5599-5601)
Sep 14
Sep 14
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
Sep 14
Sep 14
DEBATE - The House proceeded with forty minutes of debate on H.R. 10167.
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Read full text →

Full action log

All 15 recorded actions since introduction · Source: Congress.gov
Oct 14
SENATEMessage on Senate action sent to the House.
Sep 28
SENATEPassed Senate without amendment by Unanimous Consent.
Sep 28
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Sep 28
SENATESenate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5120)
Sep 28
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5120)
Sep 15
SENATEReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 14
HOUSEMotion to reconsider laid on the table Agreed to without objection.
Sep 14
HOUSEOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5599-5601)
Sep 14
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
Sep 14
HOUSEDEBATE - The House proceeded with forty minutes of debate on H.R. 10167.
Sep 14
HOUSEConsidered under suspension of the rules. (consideration: CR H5599-5602)
Sep 14
HOUSEMs. De La Cruz moved to suspend the rules and pass the bill.
Aug 27
HOUSEReferred to the House Committee on Financial Services.
Aug 27
Introduced in House
Aug 27
Introduced in House

All 1 cosponsor

1 Democrat · 0 Republicans
Democrats (1)
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