United States Covered Bond Act of 2011

Cost and committee reports

Official records Congress.gov attaches to H.R. 940.

• CBO cost estimateThe Congressional Budget Office published “H.R. 940, United States Covered Bond Act of 2011” on February 21, 2012. CBO’s description reads “As ordered reported by the House Committee on Financial Services on June 22, 2011 ”.
  Read the CBO estimate ↗Source: Congressional Budget Office, February 21, 2012 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/43011

  CBO publication date

  February 21, 2012

  Congress.gov bill record

  H.R. 940, 112th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/112/hr/940

  Record last updated by Congress.gov

  January 10, 2026

  PORKER copy retrieved

  September 25, 2026

  Stored copy, SHA-256 of the file

  d54d1a0cc77aa586795b3fa338162b41da821092e31429f5bbb1708469065a6a

• PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.

• Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 112-407 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on March 6, 2012.
  Source: Congress.gov, reported March 6, 2012 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/112/HRPT/407

  Congress.gov bill record

  H.R. 940, 112th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/112/hr/940

  Record last updated by Congress.gov

  January 10, 2026

  PORKER copy retrieved

  September 25, 2026

  Stored copy, SHA-256 of the file

  d54d1a0cc77aa586795b3fa338162b41da821092e31429f5bbb1708469065a6a

  A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. GARRETT, as printed in the Congressional Record (Page H1619):
  Article I, Section 8, Clauses 1 (``The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States''), 3 (``To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes''), and 18 (``To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof').
  Source: Congress.gov, record updated January 10, 2026 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  653 characters

  Congress.gov bill record

  H.R. 940, 112th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/112/hr/940

  Record last updated by Congress.gov

  January 10, 2026

  PORKER copy retrieved

  September 25, 2026

  Stored copy, SHA-256 of the file

  d54d1a0cc77aa586795b3fa338162b41da821092e31429f5bbb1708469065a6a

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

From the Congress.gov bill record for H.R. 940, last updated January 10, 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.