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H.R. 1215 · 108th Congress

Prompt Payment Improvement Act of 2003

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

AWD WynnSponsor
10 cosponsors · 10 D
MFD Frost WJD Jefferson MOD Owens CRD Rangel CVD Van Hollen AAD Acevedo-Vilá DDD Davis ECD Case RGD Grijalva JND Nadler

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Prompt Payment Improvement Act of 2003 - Requires: (1) the Director of the Office of Management and Budget to set forth in writing the prompt payment policy applicable to subcontractors under Federal contracts; and (2) the head of each Federal agency to provide a copy of such policy to each contractor and to require each contractor to provide a copy to each…

What it does: CRS summary · Introduced in House · Mar 11, 2003
Prompt Payment Improvement Act of 2003 - Requires: (1) the Director of the Office of Management and Budget to set forth in writing the prompt payment policy applicable to subcontractors under Federal contracts; and (2) the head of each Federal agency to provide a copy of such policy to each contractor and to require each contractor to provide a copy to each subcontractor.

Directs each agency head to require contractors to include in each subcontract a clause containing: (1) the requirements and penalties relating to the timely payment obligations of the Government and prime contractors; (2) the name and number of a senior employee with authority to resolve progress payment questions; and (3) the obligations of the Office of Small and Disadvantaged Business Utilization in assisting small business contractors and subcontractors in receiving prompt payments.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Prompt Payment Improvement Act of 2003

Latest action (Mar 11, 2003): Referred to the House Committee on Government Reform.

Policy area: Government Operations and Politics · Origin: House · Introduced: Mar 11, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.