Prompt Payment Act

passedUnited States· United States Congress· EN

Introduced

7 October 1981

Last action

23 March 1982 · Floor

Status

Other Measure S.1131 (Amended) Passed House in Lieu.

Sponsors

Rep. Brooks, Jack B. [D-TX-9], Rep. English, Glenn [D-OK-6], Rep. Horton, Frank J. [R-NY-29], Sen. Daschle, Thomas A. [D-SD], Rep. Ireland, Andrew P. [R-FL-10], Rep. Smith, Christopher H. [R-NJ-4], Rep. Broomfield, William S. [R-MI-18], Rep. Wolf, Frank R. [R-VA-10], Rep. Quillen, James H. (Jimmy) [R-TN-1], Rep. Fascell, Dante B. [D-FL-19], Rep. Burton, John [D-CA-5], Rep. Moffett, Toby [D-CT-6], Rep. Synar, Mike [D-OK-2], Rep. Frank, Barney [D-MA-4], Rep. Williams, Lyle [R-OH-17], Rep. Clinger, William F., Jr. [R-PA-5], Rep. McGrath, Raymond J. [R-NY-5], Rep. Albosta, Donald J. [D-MI-10], Rep. Barnes, Michael D. [D-MD-8], Rep. Bedell, Berkley W. [D-IA-6], Rep. Bevill, Tom [D-AL-4], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Daniel, W. C. (Dan) [D-VA-5], Rep. Dwyer, Bernard J. [D-NJ-6], Rep. Edgar, Robert W. [D-PA-7], Rep. Evans, Billy Lee [D-GA-8], Rep. Fary, John G. [D-IL-5], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Hall, Sam B., Jr. [D-TX-1], Rep. Hatcher, Charles [D-GA-2], Rep. Hertel, Dennis M. [D-MI-14], Rep. Kogovsek, Ray [D-CO-3], Rep. Lundine, Stanley N. [D-NY-34], Rep. Mazzoli, Romano L. [D-KY-3], Rep. Mitchell, Parren J. [D-MD-7], Rep. Montgomery, G. V. (Sonny) [D-MS-3], Rep. Nowak, Henry [D-NY-33], Rep. Panetta, Leon [D-CA-16], Rep. Pepper, Claude [D-FL-18], Rep. Ratchford, William R. [D-CT-5], Rep. Roe, Robert A. [D-NJ-8], Rep. Roemer, Buddy [D-LA-4], Rep. Smith, Joseph F. [D-PA-3], Rep. Traxler, Bob [D-MI-8], Rep. Walgren, Doug [D-PA-18], Rep. Whitley, Charles O., Sr. [D-NC-3], Sen. Wyden, Ron [D-OR], Rep. Derwinski, Edward J. [R-IL-4]

Subjects

Discovery layer

Source updated

4 February 2025

Official source View documents Share

Summary

Prompt Payment Act of 1981 - Requires Federal agencies to pay interest on overdue payments to businesses for property or services. Requires the Office of Management and Budget (OMB) to prescribe required payment dates. Specifies the procedures for computing such interest. Requires an agency to pay any interest charges out of funds made available for administration of its programs. Authorizes Federal grant recipients to provide for the payment of interest on overdue payments on their procurement contracts. Directs each agency to report to OMB annually on interest payments made during the fiscal year. Requires OMB to report to specified congressional committees on agency compliance with this Act. Requires the Director of OMB to delegate responsibility for OMB functions under this Act to the Office of Federal Procurement Policy.

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

Timeline

7 October 1981
Introduced
Referred to House Committee on Government Operations.
Source: IntroReferral
7 October 1981
Introduced
Introduced in House
Source: IntroReferral
7 October 1981
Introduced
Introduced in House
Source: IntroReferral
19 October 1981
Referred
Referred to Subcommittee on Legislation and National Security.
Source: Committee
19 October 1981
Committee
Executive Comment Requested from GAO, GSA, OMB, OFPP, SBA, Treasury.
Source: Committee
2 December 1981
Committee
Subcommittee Hearings Held.
Source: Committee
26 January 1982
Committee
Subcommittee Hearings Held.
Source: Committee
24 February 1982
Committee
Forwarded by Subcommittee to Full Committee (Amended).
Source: Committee
24 February 1982
Committee
Subcommittee Consideration and Mark-up Session Held.
Source: Committee
4 March 1982
Reported
Ordered to be Reported (Amended).
Source: Committee
4 March 1982
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
18 March 1982
Calendars
Placed on Union Calendar No: 281.
Source: Calendars
18 March 1982
Reported
Reported to House (Amended) by House Committee on Government Operations. Report No: 97-461.
Source: Committee
18 March 1982
Reported
Reported to House (Amended) by House Committee on Government Operations. Report No: 97-461.
Source: Committee
23 March 1982
Floor
Laid on Table in House by Voice Vote.
Source: Floor
23 March 1982
Vote
Passed House (Amended) by Yea-Nay Vote: 396 - 0 (Record Vote No: 36).
Source: Floor
23 March 1982
Vote
Passed/agreed to in House: Passed House (Amended) by Yea-Nay Vote: 396 - 0 (Record Vote No: 36).
Source: Floor
23 March 1982
Floor
Called up by House Under Suspension of Rules.
Source: Floor

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

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Passed House amended
summary · EN · 23 March 1982
Open at official source
Reported to House with amendment(s)
summary · EN · 18 March 1982
Open at official source
Leesvertaling
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Introduced in House
summary · EN · 7 October 1981
Open at official source
Leesvertaling
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Related records

related to ← Prompt Payment Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/97th-congress/house-bill/4709
Open data entity: https://api.congress.gov/v3/bill/97/hr/4709
us · 97-hr-4709 · source updated 4 February 2025