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Stops Minting Pennies and Rounds Cash Payments
Recent Bills/Stops Minting Pennies and Rounds Cash Payments

Stops Minting Pennies and Rounds Cash Payments

IntroducedApril 30, 2025
Passed Senate3 days ago
Intro
Senate
House
Pres
Awaiting House vote
Finance and Financial SectorConsumer affairsCurrencyMonetary policy
Why This Matters

This bill stops minting one-cent coins and requires cash payments to be rounded to the nearest five cents when exact change cannot be given.

If you pay with cash, your total will be rounded to the nearest five cents starting with this bill.
Who this affects
Cash-paying consumers · Employees receiving cash payments
What changes is this bill making?
  1. 1This bill stops the production of one-cent coins for general circulation.
  2. 2Cash transactions will be rounded to the nearest five cents when exact change is not available.
  3. 3Employers can round cash payments to employees up to the nearest five cents if the amount is not divisible by five.
Read full document
Bill Progress3 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedApr 30, 2025
Sponsors
See all 4 sponsors
SenateAug 7
HouseCurrent

Awaiting House vote

President

The President

Donald Trump
President
Awaiting Vote
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House Bill · HR 3074
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Coin Metal Modification Authorization and Cost Savings Act of 2025
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House Bill · HR 1799
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