U.S. Mint

government

Last mentioned: 4d ago

Timeline

Jul 1, 2026
Implementation Phase

Earliest expected date for mandatory rounding rules to take effect in leading states.
Mar 1, 2026
Regulatory Rush

Lawmakers in multiple states fast-track bills to avoid retail chaos as penny supplies dwindle.
Jan 1, 2026
Legislative Session Start

First wave of state bills introduced to define cash rounding standards.
Invalid Date
Production Cut

U.S. Mint announces 50% reduction in penny production due to metal costs.

Stories mentioning U.S. Mint 1

State Legislatures Race to Standardize Cash Rounding as Penny Phased Out

As the United States moves toward a penny-less economy, state lawmakers are drafting emergency regulations to standardize how cash transactions are rounded to the nearest nickel. These rules aim to protect consumers from price creep while providing retailers with a clear legal framework for the transition to five-cent increments.

4d ago 3 sources