HR1401-119

1. Short title This Act may be cited as the Currency Optimization, Innovation, and National Savings Act of 2025.

2. Saving taxpayers money by suspending production of the penny It is the sense of the Congress that— sufficient one-cent coins have already been minted to meet demand; taxpayers have been and would continue to lose money producing the one-cent coin; and further production of the one-cent coin is not necessary for the next decade. Except as provided in subsection (c) and notwithstanding any other provision of law, the Secretary of the Treasury shall cease production of any new one-cent coins for the 10-year period beginning on the date of enactment of this Act. The Secretary of the Treasury shall continue to produce one-cent coins as appropriate solely to meet the needs of numismatic collectors of that denomination. The one-cent coins produced under paragraph (1) shall be sold in accordance with other general provisions governing numismatic coins. The net receipts from the sale of one-cent coins produced under this exception shall equal the total cost of production, including variable costs and the appropriate share of fix costs of production, as determined by the Secretary of the Treasury. Notwithstanding any other provision of this section, one-cent coins are legal tender in the United States for all debts, public and private, public charges, taxes, and duties, regardless of the date of minting or issue.