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HR 3474 97th Congress House Commerce Business and commerce Government Operations and Politics Interest Public Contracts, Procurement, and Property Small business

Agency Interest Payment Act of 1981

Introduced: May 6, 1981 See on congress.gov
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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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 1981
Referred to Subcommittee on General Oversight.
May 6, 1981
Referred to House Committee on Small Business.
May 6, 1981
Introduced in House
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 Plain-English summary Congressional Research Service

Agency Interest Payment Act of 1981 - Amends the Small Business Act to require the Federal Government to pay interest on overdue contract payments to small businesses. Permits a Federal agency to pay a discounted contract amount offered by a small business for early payment only if such payment is actually made within the prescribed time.

What's happening now May 12, 1981

Referred to Subcommittee on General Oversight.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Smith, Christopher H.
New Jersey · Nov 17, 1981
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3474: Agency Interest Payment Act of 1981. 97th Congress. Open America. https://openamerica.io/bill/97-HR-3474/
MLA
"H.R. 3474: Agency Interest Payment Act of 1981." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-3474/.
Bluebook (legal)
H.R. 3474, 97th Cong. (2026), https://openamerica.io/bill/97-HR-3474/.
Markdown link
[H.R. 3474: Agency Interest Payment Act of 1981](https://openamerica.io/bill/97-HR-3474/)
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