[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 878 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 878

 To require recipients of grants through the Department of Housing and 
Urban Development to promptly pay contractors for performing federally 
                             assisted work.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                May 4 (legislative day, April 19), 1993

   Mr. Lott introduced the following bill; which was read twice and 
    referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
 To require recipients of grants through the Department of Housing and 
Urban Development to promptly pay contractors for performing federally 
                             assisted work.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. AMENDMENT TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 
              ACT.

    Section 3(d) of the Department of Housing and Urban Development Act 
(42 U.S.C. 3532(d)) is amended--
            (1) by striking ``and'' at the end of paragraph (2);
            (2) by striking the period at the end of paragraph (3) and 
        inserting ``; and''; and
            (3) by adding at the end the following:
            ``(4) ensure that recipients of grants through the 
        Department promptly pay contractors performing federally 
        assisted work, or pay interest penalties in the same manner and 
        to the same extent as provided in section 3902 of title 31, 
        United States Code (popularly known as the `Prompt Payment Act 
        of 1982').''.

                                 <all>