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United States · Bill · HR

H.R. 3474 (97th)

Agency Interest Payment Act of 1981

referredUnited States· United States Congress· EN

Introduced

6 May 1981

Last action

Status

Referred to Subcommittee on General Oversight.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

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.

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Documents

1 official file

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