31 U.S.C. § 3902
Interest penalties
United States · Title 31 — MONEY AND FINANCE · Status: effective
Cite this
- Citation
- 31 U.S.C. § 3902, Interest penalties, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/467745
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Full text
If a business concern—
In the case of a payment to which producers on a farm are entitled under the terms of an agreement entered into under the Agricultural Act of 1949 (7 U.S.C. 1421 et seq.), an interest penalty shall be paid to the producers if the payment has not been made by the required payment or loan closing date. The interest penalty shall be paid—
As used in this subsection, the “required payment or loan closing date” means—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- A bill to codify without substantive change recent laws related to money and finance and to improve the United States Code.House: no recorded tallySenate: no recorded tally
- A bill to codify without substantive change recent laws related to money and finance and transportation and to improve the United States Code.House: no recorded tallySenate: no recorded tally
- Prompt Payment Act Amendments of 1987House: no recorded tallySenate: no recorded tally
- Federal Reports Elimination Act of 1998House: no recorded tallySenate: no recorded tally
- To enact certain laws relating to public contracts as title 41, United States Code, "Public Contracts".House: 385–0Senate: no recorded tally