HR 3244 · 119th Congress · Commerce

CASH Act

Introduced 2025-05-07· Sponsored by Rep. Lucas, Frank D. [R-OK-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2025-05-07)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3244 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3244 To require certain entities to clearly disclose to small business concerns key information about factoring facility agreements prior to entering such agreements with such concerns, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 7, 2025 Mr. Lucas introduced the following bill; which was referred to the Committee on Small Business _______________________________________________________________________ A BILL To require certain entities to clearly disclose to small business concerns key information about factoring facility agreements prior to entering such agreements with such concerns, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Capital Access for Small Businesses Harmonization Act'' or the ``CASH Act''. SEC. 2. DISCLOSURES FOR SMALL BUSINESSES THAT ENTER INTO FACTORING FACILITY AGREEMENTS.…

Summarized by Claude AI · Non-partisan · For informational purposes only