S 1554
Make Sense Not Cents Act
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill, the Make Sense Not Cents Act, prohibits the U.S. Treasury from producing or issuing 1-cent coins. It asserts that Congress holds the exclusive authority to manage currency. The bill makes technical changes to existing law related to coin production and regulation, specifically within Title 31 of the United States Code. Importantly, it confirms that existing pennies remain legal tender.
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