The Last Penny Was Struck
November 12, 2025
Your trusted resource for understanding what penny elimination means for your business, organization, or household.
Legislative Status Update - January 2026
Production Status: Penny production ended November 12, 2025 via executive action by the Treasury Department. [Treasury FAQ]
Legislation Status: The Common Cents Act (H.R.3074/S.1525) remains pending in Congress.
Rounding Rules: No federal law mandates cash rounding. Only non-binding Treasury guidance exists. At least ten jurisdictions restrict rounding.
Legal Tender: Pennies remain in circulation and are legal tender indefinitely. [Source]
The Common Cents Act
Bipartisan legislation to end penny production and modernize America's currency system
What It Is
Bipartisan legislation that would formalize rounding rules and codify the end of penny production for general circulation.
Read Full Details →Timeline
Track legislative progress from introduction (April 2025) through implementation (January 2026) and beyond.
View Timeline →Why It Matters
Discover the economic, environmental, and practical benefits backed by research and international precedents.
See Research →What This Means for You
Business Owners
Prepare your operations now
- Update POS systems for automatic rounding
- Train staff on new procedures
- Access free signage and templates
Consumers
Understand cash rounding
- Only cash payments round, not cards
- You can still use existing pennies
- Rounding balances out over time
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