# 116-hr-7342: Federal Small Businesses Contractor Prompt Payment Reporting Act

116-hr-7342, Federal Small Businesses Contractor Prompt Payment Reporting Act, is a 116th Congress bill sponsored by Rep. Crow, Jason [D-CO-6] (D-CO); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7342
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7342
- Congress: 116
- Title: Federal Small Businesses Contractor Prompt Payment Reporting Act
- Status: Referred to the House Committee on Small Business.
- Introduced: 2020-06-25
- Sponsor: Rep. Crow, Jason [D-CO-6] (D-CO)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

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.

## Cosponsors (1)

- Rep. Balderson, Troy [R-OH-12] (R-OH), 2020-06-25T00:00:00.000Z

## Related bills

- 116-hr-8851: Next Generation Entrepreneurship Corps Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8270: I am Vanessa Guillén Act of 2020
- 116-hr-7909: Ensuring Children and Child Care Workers Are Safe Act of 2020
- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act
- 116-hr-7233: Knowing the Efficiency and Efficacy of Permanent Telehealth Options Act of 2020

## Sources
- [116-hr-7342 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7342)

## Related
- [116-hr-8851: Next Generation Entrepreneurship Corps Act](https://policyrisk.com/legislation/116-hr-8851)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8270: I am Vanessa Guillén Act of 2020](https://policyrisk.com/legislation/116-hr-8270)
- [116-hr-7909: Ensuring Children and Child Care Workers Are Safe Act of 2020](https://policyrisk.com/legislation/116-hr-7909)
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [116-hr-7233: Knowing the Efficiency and Efficacy of Permanent Telehealth Options Act of 2020](https://policyrisk.com/legislation/116-hr-7233)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7342 (as of 2025-11-18).