Lisa C. McClain
House of Representatives · Republican · Michigan's 9th district · since Jan 2023
Monday, Sep 28
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
What it would change
Common Cents Act
This bill ends the production of the penny for general circulation, requires rounding to an amount divisible by five for the payment or transfer of cash, and allows the nickel to be composed of different material.
The Department of the Treasury must stop producing the penny, except to meet collector needs. The penny shall continue to be legal tender.
Any person selling goods or services in a cash transaction, entering into other transfers of cash, or paying cash wages to an employee must round the payment up or down in accordance with the bill.
The bill also allows Treasury to discontinue the minting for circulation of any coin if Treasury follows procedures as outlined by the bill, including providing notice and a briefing to Congress.
The Federal Reserve Board must periodically report on a strategic plan for the acceptance of penny orders and deposits at commercial coin terminals that provide services under agreements with Federal Reserve banks.
Finally, the bill allows for a different material composition of the nickel. In addition to being made from an alloy of copper and nickel, the nickel may also be clad with an inner core of zinc and an outer layer of nickel.
Summary by the Congressional Research Service
Votes and bills from the official record; every item links to its source.
Bills they sponsored · 19
Message on Senate action sent to the House. · Oct 14, 2026
Referred to the House Committee on Ways and Means. · Mar 3, 2026
H.R. 6502 · College Financial Aid Clarity Act of 2025
Placed on the Union Calendar, Calendar No. 394. · Jan 21, 2026
H.R. 6363 · Build Now Act of 2025
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. · Dec 2, 2025
H.R. 6329 · Information Quality Assurance Act of 2025
Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs. · Feb 25, 2026
Bills they cosponsored · 53
H.R. 10184 · Consumer Financial Protection Accountability and Reform Act of 2026
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 21. · Sep 16, 2026
Received in the Senate. · Sep 17, 2026
Referred to the House Committee on Oversight and Government Reform. · Jun 30, 2026
Ordered to be Reported by Voice Vote. · Jul 22, 2026
Referred to the House Committee on Education and Workforce. · Apr 13, 2026
Committees
- House Committee on Education and Workforce Member
- Health, Employment, Labor, and Pensions Member
- Higher Education and Workforce Development Member
- House Committee on Financial Services Member
- Capital Markets Member
- National Security, Illicit Finance, and International Financial Institutions Member
Bills and committee seats from the official record.