US HB1401

Suspends production of new one-cent coins (pennies) for 10 years from date of enactment, directing the Secretary of the Treasury to cease minting

Allows continued penny production solely to meet demand from numismatic collectors, with sales priced to cover total production costs including variable and fixed costs

Maintains all existing one-cent coins as legal tender for all debts, public and private, regardless of minting date

Expresses congressional finding that sufficient pennies already exist to meet demand and that taxpayers lose money on penny production