diff --git a/CHANGELOG_PENDING.md b/CHANGELOG_PENDING.md
index 59b303e2e..25c97aff7 100644
--- a/CHANGELOG_PENDING.md
+++ b/CHANGELOG_PENDING.md
@@ -34,6 +34,7 @@
 - [p2p/pex] \#6509 Improve addrBook.hash performance (@cuonglm)
 - [crypto/merkle] \#6443 & \#6513 Improve HashAlternatives performance (@cuonglm, @marbar3778)
 - [rpc] \#9650 Enable caching of RPC responses (@JayT106)
+- [consensus] \#9760 Save peer LastCommit correctly to achieve 50% reduction in gossiped precommits. (@williambanfield)
 
 ### BUG FIXES
 
diff --git a/consensus/reactor.go b/consensus/reactor.go
index a8d672e44..6a6d95f38 100644
--- a/consensus/reactor.go
+++ b/consensus/reactor.go
@@ -1351,6 +1351,7 @@ func (ps *PeerState) ApplyNewRoundStepMessage(msg *NewRoundStepMessage) {
 	psRound := ps.PRS.Round
 	psCatchupCommitRound := ps.PRS.CatchupCommitRound
 	psCatchupCommit := ps.PRS.CatchupCommit
+	lastPrecommits := ps.PRS.Precommits
 
 	startTime := tmtime.Now().Add(-1 * time.Duration(msg.SecondsSinceStartTime) * time.Second)
 	ps.PRS.Height = msg.Height
@@ -1378,7 +1379,7 @@ func (ps *PeerState) ApplyNewRoundStepMessage(msg *NewRoundStepMessage) {
 		// Shift Precommits to LastCommit.
 		if psHeight+1 == msg.Height && psRound == msg.LastCommitRound {
 			ps.PRS.LastCommitRound = msg.LastCommitRound
-			ps.PRS.LastCommit = ps.PRS.Precommits
+			ps.PRS.LastCommit = lastPrecommits
 		} else {
 			ps.PRS.LastCommitRound = msg.LastCommitRound
 			ps.PRS.LastCommit = nil