HR 1115 · 97th Congress · Government Operations and Politics
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.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Legislation and National Security.(1981-01-28)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only