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CASH Act

5/27/2025, 2:12 PM

Summary of Bill HR 3244

The bill, designated as H.R. 3244 in the 119th Congress and introduced on May 7, 2025, aims to mandate certain entities to provide small business concerns with transparent disclosure of essential details regarding factoring facility agreements before engaging in such agreements. The bill also includes provisions for other related purposes not specified in the provided context.

Read the Full Bill

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Current Status of Bill HR 3244

Bill HR 3244 is currently in the status of Bill Introduced since May 7, 2025. Bill HR 3244 was introduced during Congress 119 and was introduced to the House on May 7, 2025.  Bill HR 3244's most recent activity was Referred to the House Committee on Small Business. as of May 7, 2025

Bipartisan Support of Bill HR 3244

Total Number of Sponsors
4
Democrat Sponsors
0
Republican Sponsors
4
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3244

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 3244

To require certain entities to clearly disclose to small business concerns key information about factoring facility agreements prior to entering such agreements with such concerns, and for other purposes.
To require certain entities to clearly disclose to small business concerns key information about factoring facility agreements prior to entering such agreements with such concerns, and for other purposes.

Comments

Sponsors and Cosponsors of HR 3244

Frank D. Lucas
Frank D. Lucas
OklahomaRepublican

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