[Congressional Record Volume 171, Number 99 (Tuesday, June 10, 2025)]
[Senate]
[Page S3321]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2352. Mr. MERKLEY submitted an amendment intended to be proposed 
by him to the bill S. 1582, to provide for the regulation of payment 
stablecoins, and for other purposes; which was ordered to lie on the 
table; as follows:

       At the appropriate place, insert the following:

     SEC. _____. MAKE SENSE NOT CENTS.

       (a) Short Title.--This section may be cited as the ``Make 
     Sense Not Cents Act''.
       (b) Sense of Congress.--It is the sense of Congress that 
     Congress has the sole authority to coin money and regulate 
     currency.
       (c) Discontinuation of 1-cent Coins.--
       (1) In general.--The Secretary of the Treasury may not mint 
     or issue a 1-cent coin.
       (2) Technical and conforming amendments.--
       (A) Title 31, United States Code, is amended--
       (i) in section 5112--

       (I) in subsection (a)--

       (aa) by striking paragraph (6); and
       (bb) by redesignating paragraphs (7) through (12) as 
     paragraphs (6) through (11), respectively;

       (II) in subsection (b), by striking the eighth sentence;
       (III) by striking subsection (c);
       (IV) in subsection (i), by striking ``(7), (8), (9), and 
     (10)'' each place the term appears and inserting ``(6), (7), 
     (8), and (9)'';
       (V) in subsection (j), by striking ``(7), (8), (9), or 
     (10)'' and inserting ``(6), (7), (8), or (9)''; and
       (VI) in subsection (v), by striking ``paragraph (12)'' each 
     place the term appears and inserting ``paragraph (11)'';

       (ii) in section 5113(a), by striking the third sentence; 
     and
       (iii) in section 5132(a), by striking ``through (6)'' each 
     place the term appears and inserting ``through (5)''.
       (B) Section 408(m)(3)(A)(i) of the Internal Revenue Code of 
     1986 is amended by striking ``paragraph (7), (8), (9), or 
     (10)'' and inserting ``paragraph (6), (7), (8), or (9)''.
       (d) No Effect on Legal Tender.--Notwithstanding any other 
     provision of this section, or any amendment made by 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.
                                 ______