ABA Shows Support for the Common Cents Act
ABA Banking Journal
"The American Bankers Association expressed support for the Common Cents Act [H.R. 3074], which renews calls for officially halting the production of the U.S. penny for general circulation. ABA’s letter supporting the Common Cents Act said the legislation “would provide a clear and practical framework for cash rounding when exact change cannot be provided, while clarifying that checks, electronic fund transfers, credit cards, gift cards, money orders, and similar noncash payment methods are not subject to rounding.”"
