Proposed Elimination of the Penny: Frequently Asked Questions
Full report
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The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.
- S 759115th Congress
Currency Optimization, Innovation, and National Savings Act of 2017
Mar 29, 2017 · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- HR 1270119th Congress
To suspend the production of the penny and nickel, to require the Comptroller General of the United States to carry out a study on pennies and nickels, and for other purposes.
Feb 12, 2025 · Referred to the House Committee on Financial Services.
- HR 1401119th Congress
Currency Optimization, Innovation, and National Savings Act of 2025
Feb 18, 2025 · Referred to the House Committee on Financial Services.
- HR 3074119th Congress
Common Cents Act
Jul 15, 2026 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- S 1525119th Congress
Common Cents Act
Apr 30, 2025 · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- S 1554119th Congress
Make Sense Not Cents Act
May 1, 2025 · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.