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HR 3074 · 119th CongressIntroduced

Stop making pennies and round cash to nearest nickel

Banking & Financial

Sponsored by Lisa C. McClain

The vote
Worked the bill
$573M
24 groups · their total 2025 lobbying
In the distance
Summary

What the bill does

The Common Cents Act would stop the U.S. Mint from making new pennies for general use. It would also let businesses round cash transactions to the nearest five cents. The bill allows the nickel to be made with cheaper materials and requires reports on how ending the penny affects coin distribution and low-income communities.

Why it matters

The stakes

This bill affects anyone who uses cash, especially people who rely on pennies for exact change. It could save the government money on coin production but may change how cash transactions work.

The debate

What each side says

Supporters
  • The penny costs more to make than it is worth, so stopping production saves taxpayer money.bill
  • Rounding cash transactions to the nearest nickel makes checkout faster and simpler.bill
  • The bill requires studying how ending the penny affects low-income and unbanked people, so any problems can be addressed.bill
Critics
  • Rounding cash transactions could lead to small price increases for customers over time.report
  • Ending the penny might hurt charities that collect pennies for fundraising.report

Each point links to its source. The views are attributed to those sources, not stated as ours.

Follow the money

From this bill outward

The bill

where every tie is measured from
HR 3074Stop making pennies and round cash to nearest nickelBanking & Financial

Who paid lobbyists to work it

Direct tie24 groups · their total 2025 lobbying
GroupIssues2025 lobbying
(all issues)
Has PAC?
STATE OF LOC NATION GLOBAL PUBLIC BENEFIT CORPORATIONAdvocacyOtherBanking$80MNo PAC
CHAMBER OF COMMERCE OF THE U.S.A.EnergyBankingForeign$70MNo PAC
NATIONAL ASSOCIATION OF REALTORSReal EstateBankingInsurance$54MNAORPAC
BUSINESS ROUNDTABLE INCEnergyBankingHealth$34MNo PAC
META PLATFORMS, INC. AND VARIOUS SUBSIDIARIESTechSports & MediaBanking$26MNo PAC
AMERICAN HOSPITAL ASSOCIATIONHealthOtherForeign$25MAHAP
AMERICAN MEDICAL ASSOCIATIONHealthForeignOther$23MNo PAC
AARPBankingHealthTech$21MNo PAC

Election money, in the distance

Background · not tied to this billBanking & Financial PACs -> the members who voted

The background money view appears when a bill has a recorded vote and matching sector PAC data.

Lobbying filings, contributions, and votes are public records shown side by side. The further down the chain, the further the money is from this bill. This page does not assert that money caused any vote.