To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action.

Cost and committee reports

Official records Congress.gov attaches to H.R. 701.

• CBO cost estimateThe Congressional Budget Office published “H.R. 701, a bill to amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action” on May 15, 2013. CBO’s description reads “As ordered reported by the House Committee on Financial Services on May 7, 2013”.
  Read the CBO estimate ↗Source: Congressional Budget Office, May 15, 2013 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/44180

  CBO publication date

  May 15, 2013

  Congress.gov bill record

  H.R. 701, 113th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/113/hr/701

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 23, 2026

  Stored copy, SHA-256 of the file

  4b4c3f56f704786e00bf1b24c8e11e037668de7ecd909cccbce7f75323d04069

• 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. 113-58 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on May 15, 2013.
  Source: Congress.gov, reported May 15, 2013 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/113/HRPT/58

  Congress.gov bill record

  H.R. 701, 113th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/113/hr/701

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 23, 2026

  Stored copy, SHA-256 of the file

  4b4c3f56f704786e00bf1b24c8e11e037668de7ecd909cccbce7f75323d04069

  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. McHENRY, as printed in the Congressional Record (Page H548):
  Article One, Section Eight.
  Source: Congress.gov, record updated April 7, 2025 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  27 characters

  Congress.gov bill record

  H.R. 701, 113th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/113/hr/701

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 23, 2026

  Stored copy, SHA-256 of the file

  4b4c3f56f704786e00bf1b24c8e11e037668de7ecd909cccbce7f75323d04069

  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. 701, last updated April 7, 2025. PORKER’s copy was retrieved September 23, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.