Promotion and Expansion of Private Employee Ownership Act of 2011

Cost and committee reports

Official records Congress.gov attaches to H.R. 1244.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. REICHERT, as printed in the Congressional Record (Page H2039):
  The constitutional authority of Congress to enact this legislation is provided by Article I, Section 8 of the United States Constitution, specifically Clause 1 (relating to providing for the general welfare of the United States) and Clause 18 (relating to the power to make all laws necessary and proper for carrying out the powers vested in Congress), and Article IV, Section 3, Clause 2 (relating to the power of Congress to dispose of and make all needful rules and regulations respecting the territory or other property belonging to the United States).
  Source: Congress.gov, record updated March 23, 2026 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  556 characters

  Congress.gov bill record

  H.R. 1244, 112th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/112/hr/1244

  Record last updated by Congress.gov

  March 23, 2026

  PORKER copy retrieved

  September 25, 2026

  Stored copy, SHA-256 of the file

  89c209d5e466d211ce9c1a1310ffa72795919d952a268d546325b163176a4b09

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of March 23, 2026). Not every bill gets one.

From the Congress.gov bill record for H.R. 1244, last updated March 23, 2026. PORKER’s copy was retrieved September 25, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.