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119th Congress · Senate bill · Last action Aug 10, 2026
BillsFinance and Financial SectorS. 1525Congress.gov ↗
S. 1525Passed SenateFinance and Financial Sector

Common Cents Act

Sponsor: Sen. Lummis, Cynthia M. (R-WY)3 cosponsorsIntroduced Apr 30, 2025
In plain English

The bill changes specifications for 5-cent coins and stops producing 1-cent coins. It allows cash transactions to be rounded to the nearest 5 cents when exact amounts cannot be paid. The bill directs the federal government to work with states and tribes on how cash rounding rules apply in their jurisdictions. It also requires a strategic plan and report on coin terminal operations and the eventual removal of certain coins from circulation.

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 2026-08-07, but the bill text was revised on 2026-08-07T04:00:00Z. 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
Apr 30
Senate committee
Apr 30
Senate floor
Aug 7
4
House
-
5
Signed
-
What happens next: Cleared the Senate. Now goes to the House for consideration.

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Sponsor

Cosponsors (3)

KS
JS
RS
2 Democrats, 1 Republican (of 3 shown).

Activity timeline

Aug 10
Aug 10
Held at the desk.
Aug 10
Aug 10
Received in the House.
Aug 10
Aug 10
Message on Senate action sent to the House.
Aug 7
Aug 7
Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S4586-4588)
Aug 7
Aug 7
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Aug 7
Aug 7
Measure laid before Senate by unanimous consent. (consideration: CR S4551)
Aug 7
Aug 7
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Aug 7
Aug 7
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Apr 30
Apr 30, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 30
Apr 30, 2025
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Read full text →

Full action log

All 10 recorded actions since introduction · Source: Congress.gov
2026
Aug 10
HOUSEHeld at the desk.
Aug 10
HOUSEReceived in the House.
Aug 10
SENATEMessage on Senate action sent to the House.
Aug 7
SENATEPassed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S4586-4588)
Aug 7
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Aug 7
SENATEMeasure laid before Senate by unanimous consent. (consideration: CR S4551)
Aug 7
SENATESenate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Aug 7
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
2025
Apr 30
SENATERead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 30
Introduced in Senate

All 3 cosponsors

2 Democrats · 1 Republican
Democrats (2)
Republicans (1)

In the news

Opinion: Inflation killed the penny. Now it’s coming for your dollar. - MarketWatch
Legislation to Officially Stop the One-Cent Piece - Numismatic News
How They Voted: Colorado congressional votes for Aug. 7-13, 2026 - Daily Camera
With Pennies No Longer Minted, Congress Moves to Allow Rounding to Nearest Nickel - FindLaw
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