HR 7342
116th Congress
House
Commerce
Congressional oversight
Government information and archives
Public contracts and procurement
Small business
Federal Small Businesses Contractor Prompt Payment Reporting Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2020
Referred to the House Committee on Small Business.
Jun 25, 2020
Introduced in House
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Plain-English summary
Federal Small Businesses Contractor Prompt Payment Reporting Act
This bill requires each federal agency to report to Congress on the timeliness, including acceleration, of payments made to a prime contractor that is a small business or that subcontracts with a small business.
What's happening now
Referred to the House Committee on Small Business.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 7342: Federal Small Businesses Contractor Prompt Payment Reporting Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7342/
"H.R. 7342: Federal Small Businesses Contractor Prompt Payment Reporting Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7342/.
H.R. 7342, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7342/.
[H.R. 7342: Federal Small Businesses Contractor Prompt Payment Reporting Act](https://openamerica.io/bill/116-HR-7342/)