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Common Cents Act
5/21/2025, 12:19 PM
Summary of Bill S 1525
This bill, designated as S. 1525 in the 119th Congress, aims to direct the Secretary of the Treasury to cease the minting of the penny and mandates that cash transactions be rounded up or down to the nearest 5 cents. The bill includes other unspecified purposes and was introduced on April 30, 2025.
Read the Full Bill
Current Status of Bill S 1525
Bill S 1525 is currently in the status of Bill Introduced since April 30, 2025. Bill S 1525 was introduced during Congress 119 and was introduced to the Senate on April 30, 2025. Bill S 1525's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of April 30, 2025
Bipartisan Support of Bill S 1525
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1525
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 1525
A bill 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 5 cents, and for other purposes.
A bill 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 5 cents, and for other purposes.
Comments
Sponsors and Cosponsors of S 1525
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