H.R.1215: Prompt Payment Improvement Act of 2003

About This Bill

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Government Reform.
March 11, 2003

Introduced in the House by Albert Russell Wynn (D-Md.)

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