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HR 2873 100th Congress House Government Operations and Politics Collection of accounts Defense contracts Dismissal wage Finance and Financial Sector Foreign banks and banking Government contractors Labor and Employment Public Contracts, Procurement, and Property Standards Wages

A bill to prohibit the Secretary of Defense or Secretary of a military department to enter into any overseas contract that allows for the payment of severance pay greater than the typical rate of…

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A bill to prohibit the Secretary of Defense or Secretary of a military department to enter into any overseas contract that allows for the payment of severance pay greater than the typical rate of severance pay in the United States or that requires the Government to reimburse a contractor for overseas banking services for bad debt expenses.

Introduced: July 1, 1987 See on congress.gov
This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 20, 1987
Received in the Senate and read twice and referred to the Committee on Armed Services.
Oct 19, 1987
Passed House by Voice Vote.
Oct 19, 1987
Passed/agreed to in House: Passed House by Voice Vote.
Oct 19, 1987
Called up by House Under Suspension of Rules.
Oct 19, 1987
Placed on Union Calendar No: 240.
Oct 19, 1987
Reported to House by House Committee on Armed Services. Report No: 100-380.
Oct 14, 1987
Ordered to be Reported.
Oct 14, 1987
Committee Consideration and Mark-up Session Held.
Oct 5, 1987
Unfavorable Executive Comment Received From DOD.
Sep 29, 1987
Forwarded by Subcommittee to Full Committee.
Sep 29, 1987
Subcommittee Consideration and Mark-up Session Held.
Jul 8, 1987
Referred to Subcommittee on Readiness.
Jul 8, 1987
Executive Comment Requested from DOD.
Jul 1, 1987
Referred to House Committee on Armed Services.
Jul 1, 1987
Introduced in House
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 Plain-English summary Congressional Research Service

Prohibits the Secretary of Defense or the Secretary of a military department (the Secretaries) from entering into an overseas contract if such contract contains any provision which allows for the payment of contractor employee severance pay greater than the prevailing severance pay in the United States.

Prohibits the Secretaries from entering into an overseas contract for the provision of banking services if such contract contains any provision which allows the contractor to be reimbursed by the Secretary for: (1) losses arising from uncollectible checks and loans made by authorized bank employees; and (2) any reasonable costs incurred in the collection of delinquent loans and dishonored checks.

What's happening now October 20, 1987

Received in the Senate and read twice and referred to the Committee on Armed Services.

 Committees of jurisdiction 3
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APA
U.S. Congress. (2026). H.R. 2873: A bill to prohibit the Secretary of Defense or Secretary of a military department to enter into any overseas contract that allows for the payment of severance pay greater than the typical rate of severance pay in the United States or that requires the Government to reimburse a contractor for overseas banking services for bad debt expenses.. 100th Congress. Open America. https://openamerica.io/bill/100-HR-2873/
MLA
"H.R. 2873: A bill to prohibit the Secretary of Defense or Secretary of a military department to enter into any overseas contract that allows for the payment of severance pay greater than the typical rate of severance pay in the United States or that requires the Government to reimburse a contractor for overseas banking services for bad debt expenses.." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-2873/.
Bluebook (legal)
H.R. 2873, 100th Cong. (2026), https://openamerica.io/bill/100-HR-2873/.
Markdown link
[H.R. 2873: A bill to prohibit the Secretary of Defense or Secretary of a military department to enter into any overseas contract that allows for the payment of severance pay greater than the typical rate of severance pay in the United States or that requires the Government to reimburse a contractor for overseas banking services for bad debt expenses.](https://openamerica.io/bill/100-HR-2873/)
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