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United States · Bill · HR

H.R. 2036 (97th)

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, and to take early payment discounts only when payment is timely made.

referredUnited States· United States Congress· EN

Introduced

24 February 1981

Last action

2 March 1981 · Committee

Status

Referred to Subcommittee on Legislation and National Security.

Sponsors

Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Evans, Thomas B., Jr. [R-DE-At Large], Rep. Burgener, Clair W. [R-CA-43], Rep. Winn, Larry, Jr. [R-KS-3], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Howard, James J. [D-NJ-3], Sen. Mikulski, Barbara A. [D-MD], Rep. Kogovsek, Ray [D-CO-3], Rep. McDonald, Lawrence P. [D-GA-7], Rep. Clay, William (Bill) [D-MO-1], Rep. Leath, Marvin [D-TX-11], Rep. Wolf, Frank R. [R-VA-10], Del. Won Pat, Antonio B. [D-GU-At Large], Rep. Whitehurst, G. William [R-VA-2], Rep. Lungren, Daniel E. [R-CA-3], Rep. Bowen, David R. [D-MS-2], Rep. Gingrich, Newt [R-GA-6], Sen. Jeffords, James M. [I-VT], Rep. Lowery, Bill [R-CA-41], Rep. Panetta, Leon [D-CA-16], Rep. Glickman, Dan [D-KS-4], Sen. Wyden, Ron [D-OR], Rep. Derwinski, Edward J. [R-IL-4], Rep. Rousselot, John H. [R-CA-26], Sen. Lott, Trent [R-MS], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Beard, Robin [R-TN-6], Rep. Leach, James A. [R-IA-2], Rep. Marks, Marc L. [R-PA-24], Sen. Craig, Larry E. [R-ID], Rep. Evans, Billy Lee [D-GA-8], Rep. Solomon, Gerald B. H. [R-NY-22], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Shumway, Norman D. [R-CA-14], Rep. Bedell, Berkley W. [D-IA-6], Rep. Conte, Silvio O. [R-MA-1], Rep. Ottinger, Richard L. [D-NY-20], Rep. Pashayan, Charles, Jr. [R-CA-17], Rep. Hall, Sam B., Jr. [D-TX-1], Rep. Fountain, L. H. [D-NC-2], Rep. Jeffries, Jim [R-KS-2], Rep. Hyde, Henry J. [R-IL-6], Rep. Lewis, Jerry [R-CA-41], Rep. Williams, Pat [D-MT-At Large], Rep. Fazio, Vic [D-CA-3], Rep. Porter, John Edward [R-IL-10], Rep. Hiler, John Patrick [R-IN-3], Rep. Guyer, Tennyson [R-OH-4]

Subjects

Discovery layer

Source updated

4 February 2025

Official sourceView documentsShare

Summary

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. Stipulates that overdue payments for meat, groceries, and perishables shall be determined in accordance with terms commonly offered meat, grocery, and perishable industries. Entitles the Government and such persons to early payment discounts only if payments are made within the prescribed periods.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 24 February 1981

    Introduced

    Referred to House Committee on Government Operations.

    Source: IntroReferral

  2. 24 February 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 24 February 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 2 March 1981

    Referred

    Referred to Subcommittee on Legislation and National Security.

    Source: Committee

  5. 2 March 1981

    Committee

    Executive Comment Requested from GSA, OMB, GSA, Off. of Fed Procurement Policy.

    Source: Committee

Votes

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Versions

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Documents

1 official file

Leesvertaling

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Sponsors

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Related records

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Sources

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