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Common Cents Act

The Common Cents Act would end production of the penny for everyday use, require cash payments to be rounded to the nearest five cents, allow the nickel to be made with cheaper materials, and let the Treasury discontinue other coins after notifying Congress. Pennies would remain legal tender. Senator Mike Lee asked the Senate to take up the House-passed version of the bill (H.R. 10167) immediately, with the Banking Committee discharged from further consideration. No debate on the bill’s merits appears in the record provided.Written by AI from the debate. Updated .

Official text

1 statement

Mike Lee

Republican
“I am asking the Senate to take up this bill to stop making pennies right away.”
Official Congressional Record

Mr. President, I ask unanimous consent that the Committee on Banking, Housing, and Urban Affairs be discharged from further consideration of H.R. 10167 and the Senate proceed to its immediate consideration.

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