Build America Bonds Extension Act of 2011

Cost and committee reports

Official records Congress.gov attaches to H.R. 747.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. SCHIFF, as printed in the Congressional Record (Page H1040):
  The Build America Bonds Extension Act is constitutional under Article I, Section 8, Clause 1 and Article I, Section 8, Clause 18, the Necessary and Proper Clause. Article I, Section 8, Clause 1 provides Congress with the authority to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States. The bill is also constitutionally authorized under the Necessary and Proper Clause, which supports the expansion of congressional authority beyond the explicit authorities that are directly discernible from the text.
  Source: Congress.gov, record updated August 14, 2025 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  596 characters

  Congress.gov bill record

  H.R. 747, 112th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/112/hr/747

  Record last updated by Congress.gov

  August 14, 2025

  PORKER copy retrieved

  September 25, 2026

  Stored copy, SHA-256 of the file

  c420dfb0ff7513a406c499da0d04b45510652b63935fd7069ddf4a80f8f663cc

  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 August 14, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 747, last updated August 14, 2025. PORKER’s copy was retrieved September 25, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.