House bill · 119th Congress · Latest step: Passed House

Common Cents Act

H.R. 3074Introduced Apr 29, 2025Policy area: Finance and Financial Sector

Official title: To direct the Secretary of the Treasury to stop minting the penny, to require cash transactions to be rounded up or down to the nearest five cents, and for other purposes.

Sponsor: Rep. Lisa McClain R-MI

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Where it went

IntroducedApr 29, 2025
Committee actionJul 22, 2025
Passed HouseJul 14, 2026 · by voice vote
Passed Senate—
To the President—
Became law—

Latest action: Jul 15, 2026 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Cost and committee reports

Official records Congress.gov attaches to H.R. 3074.

Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-235 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on September 4, 2025.
Source: Congress.gov, reported September 4, 2025 ↗
Evidence
Field in the Congress.gov record
committeeReports
Report API records
https://api.congress.gov/v3/committee-report/119/HRPT/235
Congress.gov bill record
H.R. 3074, 119th Congress
Congress.gov API record
https://api.congress.gov/v3/bill/119/hr/3074
Record last updated by Congress.gov
September 16, 2026
PORKER copy retrieved
September 24, 2026
Stored copy, SHA-256 of the file
8feef98dcd2944cd9d5da47f1528a59949ab39567c80e05209d252ee0742d12b
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mrs. McCLAIN, as printed in the Congressional Record (Vol. 171, No. 71, April 29, 2025, Page H1728):
Article I, Section 8, Clause 5
Source: Congress.gov, Congressional Record April 29, 2025 ↗
Evidence
Field in the Congress.gov record
constitutionalAuthorityStatementText
Statement length
30 characters
Congress.gov bill record
H.R. 3074, 119th Congress
Congress.gov API record
https://api.congress.gov/v3/bill/119/hr/3074
Record last updated by Congress.gov
September 16, 2026
PORKER copy retrieved
September 24, 2026
Stored copy, SHA-256 of the file
8feef98dcd2944cd9d5da47f1528a59949ab39567c80e05209d252ee0742d12b
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate (as of September 16, 2026). Not every bill gets one.

Sent to: Financial Services Committee, Banking, Housing, and Urban Affairs CommitteeBills with a CBO estimate Bills with a committee report See it in the Data Web

From the Congress.gov bill record for H.R. 3074, last updated September 16, 2026. PORKER’s copy was retrieved September 24, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.