0
0

Federal Small Businesses Contractor Prompt Payment Reporting Act

2/8/2022, 11:16 PM

Congressional Summary of HR 7342

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.

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill HR 7342

Bill HR 7342 is currently in the status of Bill Introduced since June 25, 2020. Bill HR 7342 was introduced during Congress 116 and was introduced to the House on June 25, 2020.  Bill HR 7342's most recent activity was Referred to the House Committee on Small Business. as of June 25, 2020

Bipartisan Support of Bill HR 7342

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7342

Primary Policy Focus

Commerce

Potential Impact Areas

- Congressional oversight
- Government information and archives
- Public contracts and procurement
- Small business

Alternate Title(s) of Bill HR 7342

Federal Small Businesses Contractor Prompt Payment Reporting Act
To require a report on accelerated payments to certain small business concerns, and for other purposes.
Federal Small Businesses Contractor Prompt Payment Reporting Act

Comments

Sponsors and Cosponsors of HR 7342

Jason Crow
Jason Crow
ColoradoDemocrat
Troy Balderson
Troy Balderson
OhioRepublican

Latest Bills

A concurrent resolution expressing support for the recognition of March 10, 2026, as "Abortion Provider Appreciation Day".
Bill SCONRES 28March 11, 2026
A resolution requesting information on the Republic of Cameroon's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act 1961.
Bill SRES 637March 11, 2026
A resolution requesting information on the Republic of Guatemala's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 636March 11, 2026
A resolution requesting information on the Republic of Kosovo's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 635March 11, 2026
A resolution requesting information on the Republic of Equatorial Guinea's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 634March 11, 2026
A resolution requesting information on the Republic of Honduras's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 633March 11, 2026
A resolution requesting information on the Republic of Ghana's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 632March 11, 2026
A resolution requesting information on the Republic of Uzbekistan's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 631March 11, 2026
A resolution honoring the lives of fallen Missouri police officers and expressing condolences to their families.
Bill SRES 630March 11, 2026
Respect for Local Communities Act
Bill HR 7652March 11, 2026
William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021
Bill HR 6395December 12, 2023