House Bill 7342
116th Congress(2019-2020)
Federal Small Businesses Contractor Prompt Payment Reporting Act
Introduced
Introduced in House on Jun 25, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7342
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
Federal Small Businesses Contractor Prompt Payment Reporting Act
This bill requires each federal agency to report to Congress on the timeliness, including acceleration, of payments made to a prime contractor that is a small business or that subcontracts with a small business.
June 25, 2020
Sort by most recent
06/25/2020
Referred to the House Committee on Small Business.
06/25/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:16:50 PM