Bill
Bill > HR4459
summary
Introduced
07/16/2025
07/16/2025
In Committee
07/16/2025
07/16/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend title 31 to permit an alternative composition of the 5-cent coin and to eliminate the one-cent coin, and for other purposes.
AI Summary
This bill, known as the MINT Act of 2025 (Modernize and Improve our National Tender Act), proposes significant changes to U.S. coin production by modifying the specifications for the 5-cent coin (nickel) and eliminating the production of one-cent coins (pennies). Specifically, the bill allows the Secretary of the Treasury to create 5-cent coins with a new composition, potentially featuring an inner layer of zinc and an outer layer of nickel, with weight variations between 4 and 6 grams. The Secretary would have discretion to prescribe the zinc and nickel composition, with the goal of reducing coin production costs. Additionally, the bill mandates the cessation of one-cent coin production for general circulation, though existing pennies will remain legal tender and the Mint can continue producing pennies for numismatic (collectible) purposes. This legislation aims to modernize U.S. currency by addressing the increasing manufacturing costs of coins and potentially streamlining the national currency system.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the House Committee on Financial Services. (on 07/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/4459/all-info |
| BillText | https://www.congress.gov/119/bills/hr4459/BILLS-119hr4459ih.pdf |
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