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
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
Plain-English summary
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
Referred to Subcommittee on General Oversight.
Committees of jurisdiction
2
Cosponsors
1