summary
Introduced
04/15/2019
04/15/2019
In Committee
04/15/2019
04/15/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend section 3903 of title 31, United States Code, to establish accelerated payments applicable to contracts with certain small business concerns, and for other purposes. This bill establishes a goal for federal agencies to pay small business invoices within 15 days of receiving a proper invoice if a specific payment date is not established by contract.
AI Summary
This bill, the Accelerated Payments for Small Businesses Act of 2019, establishes a goal for federal agencies to pay small business invoices within 15 days of receiving a proper invoice, if a specific payment date is not already established by contract. The bill amends the Prompt Payment Act to require federal agencies to set an accelerated payment date with this 15-day goal for both prime contractors that are small businesses, as well as subcontractors that are small businesses, as long as the prime contractor agrees to make payments to the subcontractor within the accelerated timeframe.
Committee Categories
Government Affairs
Sponsors (19)
Troy Balderson (R)*,
Jim Banks (R),
Steve Chabot (R),
Jason Crow (D),
Adriano Espaillat (D),
Anthony Gonzalez (R),
Josh Gottheimer (D),
James Hagedorn (R),
Kevin Hern (R),
Chrissy Houlahan (D),
John Joyce (R),
Trent Kelly (R),
Alex Mooney (R),
Scott Peters (D),
Jamie Raskin (D),
Tim Ryan (D),
Pete Stauber (R),
Steve Stivers (R),
Lauren Underwood (D),
Last Action
Referred to the House Committee on Oversight and Reform. (on 04/15/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/2322/all-info |
| BillText | https://www.congress.gov/116/bills/hr2322/BILLS-116hr2322ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr2322/BILLS-116hr2322ih.pdf.pdf |
Loading...