Summary: H.R.3474 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for H.R.3474. Bill summaries are authored by CRS.

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Introduced in House (05/06/1981)

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.