Make Sense Not Cents Act

The Make Sense Not Cents Act (S 1554) would stop the U.S. Treasury from minting new 1-cent coins (pennies). It directly affects businesses and the public that handle physical currency, as it would eliminate the production of new pennies. Key provisions include prohibiting the minting of pennies and updating related laws (like those governing coin specifications and tax codes) to reflect this change. Importantly, the bill clarifies that existing 1-cent coins remain legal tender for all payments, regardless of when they were made. This is a policy change to the physical coinage system, not a shift in currency value or legal status.