# 119-hr-3244: CASH Act

119-hr-3244, CASH Act, is a 119th Congress bill sponsored by Rep. Lucas, Frank D. [R-OK-3] (R-OK); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3244
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3244
- Congress: 119
- Title: CASH Act
- Status: introduced
- Introduced: 2025-05-07
- Sponsor: Rep. Lucas, Frank D. [R-OK-3] (R-OK)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Clear upfront disclosure of factoring terms.** The CASH Act would require providers that buy a small business's accounts receivable to give a written disclosure before entering a factoring facility when the expected transactions are under $500,000. - Small businesses would get a written breakdown showing the discount or percentage taken, any fees, the reserve amount and terms, the facility duration, and an illustrative $10,000 transaction showing net pay. - Providers that purchase receivables in interstate commerce would have to deliver these disclosures before entering qualifying factoring facility agreements. - States and localities could not impose disclosure rules that add to or conflict with the Act's federal disclosure requirements.

## Provisions PRIA read

- Upfront disclosures for small-business factoring: benefit, low. Providers would have to give clear, written terms before you sign a small factoring facility agreement. This would apply if total authorized factoring, including fees, is under $500,000, or both sides expect under $500,000 when no total is listed. The disclosure would show the discount from the inv…
- One federal rule for factoring disclosures: mixed, medium. States and cities would not be able to add different or extra disclosure rules for small-business factoring. Providers would follow a single federal disclosure standard. This would apply only to disclosure requirements tied to factoring facility agreements.
- Defines covered small-business factoring deals: mixed, low. The bill would define what counts as a factoring transaction and who is covered. It would treat the sale of existing invoices, where the customer pays the bill, as a true sale if the parties call it a sale. Loans or advances repaid from future, not-yet-earned invoices would be excluded. It would de…

## Related bills

- 119-hr-3816: Weather Act Reauthorization Act of 2025
- 119-hr-5089: Weather Act Reauthorization Act of 2025
- 119-hr-137: TCJA Permanency Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-7613: ALERT Act
- 119-hr-2548: Sanctioning Russia Act of 2025

## Sources
- [119-hr-3244 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3244)

## Related
- [119-hr-3816: Weather Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-hr-3816)
- [119-hr-5089: Weather Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-hr-5089)
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-7613: ALERT Act](https://policyrisk.com/legislation/119-hr-7613)
- [119-hr-2548: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-hr-2548)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3244 (as of 2026-04-21).