S 30 · 97th Congress · Government Operations and Politics
A bill to provide for the payment of interest by the Federal Government on any amount due for more than thirty days to any person under the terms of a contract entered into by the Federal Government and such person.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Subcommittee on Federal Expenditures. Hearings held.(1981-05-13)
Plain Language Summary
[AI summary unavailable — showing source text]
Requires each Federal agency to include in each of its contracts for goods or services a provision specifying that the United States will pay interest on contract payments not paid by the thirtieth day after the agency receives a proper invoice for the goods or services.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
3 Democrats