Bill · S. 1554· Senate(119-S-1554)
Make Sense Not Cents Act
- Introduced
- 5/1/2025
- Last activity
- 5/1/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Jeff Merkley
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
The "Make Sense Not Cents Act" is a bill that would stop the Secretary of the Treasury from minting or issuing 1-cent coins. It amends title 31 of the United States Code to remove the authority to produce these coins. While new pennies would not be made, existing 1-cent coins would remain legal tender for all debts, taxes, and duties.
Yes
Does this reduce what the federal government spends?+2
Stopping the minting of 1-cent coins reduces the operational expenses of the U.S. Mint.
Does this reduce what the federal government owes?+1
Eliminating the production of pennies reduces the government cost of minting coins that cost more to produce than their face value.
Does this make the government pay for what it commits to?+1
Stopping the production of a loss-making currency unit reflects better fiscal management.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Removal of penny production: Under Section 3(a), the Secretary of the Treasury is prohibited from minting or issuing 1-cent coins.
Potential Negative Impacts for People
- No negative impacts for people are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Reduces Government Spending+2Improves Fiscal Responsibility+1Reduces National Debt+1
- 5/1/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
Mike LeeRepublican · Utah