Common Cents Act
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Summary
The Common Cents Act directs the Treasury Secretary to cease minting pennies within one year, with an exception for numismatic collector coins sold at cost-covering prices. The bill also requires cash transactions to be rounded to the nearest 5 cents using a specified rounding rule (1–2 and 6–7 cents round down; 3–4 and 8–9 cents round up), with exceptions for transactions under 5 cents and non-cash payments. Existing pennies remain legal tender.
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