To suspend the production of the penny and nickel, to require the Comptroller General of the United States to carry out a study on pennies and nickels, and for other purposes.

# Summary of HR 1270: Penny and Nickel Suspension Bill **What the Bill Would Do** HR 1270 would stop the U.S. Mint from making pennies and nickels if passed. The bill would also require the Comptroller General (a government official who oversees federal spending) to conduct a detailed study examining pennies and nickels, likely looking at their costs, uses, and impact on the economy and commerce. **Who It Affects** This bill would affect everyday Americans who use cash, businesses that handle coins, and the U.S.

Mint, which currently produces these coins. It could also influence how prices are rounded at checkout and how transactions work in stores that rely heavily on cash payments. **Current Status** HR 1270 was introduced by Representative David Schweikert (R-Arizona) in the 119th Congress and is currently in committee, meaning it has not yet been voted on by the full House of Representatives. Many proposals to eliminate or study pennies and nickels have been introduced over the years, citing their production cost and declining use as reasons for the changes.