HR 3474 · 97th Congress · Commerce

Agency Interest Payment Act of 1981

Introduced 1981-05-06· Sponsored by Rep. McDade, Joseph M. [R-PA-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on General Oversight.(1981-05-12)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (8)

8 Republicans
Rep. Marriott, David Daniel [R-UT-2]UT
Rep. Williams, Lyle [R-OH-19]OH
Rep. Conte, Silvio O. [R-MA-1]MA
Rep. Stanton, J. William [R-OH-11]OH
Rep. Broomfield, William S. [R-MI-19]MI
Rep. Hiler, John Patrick [R-IN-3]IN
Rep. Smith, Christopher H. [R-NJ-4]NJ
Rep. Broyhill, James T. [R-NC-10]NC