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HR 2036 97th Congress House

A bill to require the United States Government and persons carrying on Federally assisted programs, projects, and activities to pay interest to business concerns for overdue sales and lease agreement…

Official title: A bill to require the United States Government and persons carrying on Federally assisted programs, projects, and activities to pay interest to business concer… Show full official titleShow less

Official title: A bill to require the United States Government and persons carrying on Federally assisted programs, projects, and activities to pay interest to business concerns for overdue sales and lease agreement payments, and to take early payment discounts only when payment is timely made.

Introduced: September 22, 1981 See on congress.gov
Government Operations and Politics Business and commerceFederal aid programsGovernment and businessGovernment procurement
More subjectsShow fewer subjects
InterestPublic Contracts, Procurement, and Property
This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 1981
Referred to Subcommittee on Legislation and National Security.
Mar 2, 1981
Executive Comment Requested from GSA, OMB, GSA, Off. of Fed Procurement Policy.
Feb 24, 1981
Referred to House Committee on Government Operations.
Feb 24, 1981
Introduced in House
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 Latest action March 2, 1981

Referred to Subcommittee on Legislation and National Security.

 Plain-English summary Congressional Research Service

Requires the Federal Government and persons conducting federally assisted programs, projects, and activities to pay interest to business concerns for overdue sales and lease agreement payments not made by the thirtieth day after the bill for such payment is received. Specifies the procedure for computing such interest. Stipulates that overdue payments for meat, groceries, and perishables shall be determined in accordance with terms commonly offered meat, grocery, and perishable industries.

Entitles the Government and such persons to early payment discounts only if payments are made within the prescribed periods.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 2036: A bill to require the United States Government and persons carrying on Federally assisted programs, projects, and activities to pay interest to business concerns for overdue sales and lease agreement payments, and to take early payment discounts only when payment is timely made.. 97th Congress. Open America. https://openamerica.io/bill/97-HR-2036/
MLA
"H.R. 2036: A bill to require the United States Government and persons carrying on Federally assisted programs, projects, and activities to pay interest to business concerns for overdue sales and lease agreement payments, and to take early payment discounts only when payment is timely made.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-2036/.
Bluebook (legal)
H.R. 2036, 97th Cong. (2026), https://openamerica.io/bill/97-HR-2036/.
Markdown link
[H.R. 2036: A bill to require the United States Government and persons carrying on Federally assisted programs, projects, and activities to pay interest to business concerns for overdue sales and lease agreement payments, and to take early payment discounts only when payment is timely made.](https://openamerica.io/bill/97-HR-2036/)
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