Pennies would no longer be made, and cash transactions could be rounded to the nearest 5 cents.
This bill would stop the government from making new pennies for everyday use, though existing pennies would still be valid. It would also let businesses and people round cash payments to the nearest 5 cents.
Today, the United States Mint produces one-cent coins for general use, and cash transactions typically require exact change. After this bill, the government would stop making new pennies for general circulation, and cash transactions may be rounded to the nearest 5 cents. Existing pennies ($0.01) would remain legal money, and small transactions of $0.01 or $0.02 may be rounded up to $0.05.
HR 10167 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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7 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.