Financial Institution Bankruptcy Act of 2016

Cost and committee reports

Official records Congress.gov attaches to H.R. 2947.

• CBO cost estimateThe Congressional Budget Office published “H.R. 2947, Financial Institution Bankruptcy Act of 2016” on March 21, 2016. CBO’s description reads “As ordered reported by the House Committee on the Judiciary on February 11, 2016”.
  Read the CBO estimate ↗Source: Congressional Budget Office, March 21, 2016 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/51401

  CBO publication date

  March 21, 2016

  Congress.gov bill record

  H.R. 2947, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/2947

  Record last updated by Congress.gov

  August 10, 2026

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  cd2f398c17a98c06b23802dc6ad26d5dbbe334383cff82ac7eea63dfdaee6887

• 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. 114-477 ↗. The Congress.gov committee record lists a “Reported By” entry for the Judiciary Committee on March 23, 2016.
  Source: Congress.gov, reported March 23, 2016 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/114/HRPT/477

  Congress.gov bill record

  H.R. 2947, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/2947

  Record last updated by Congress.gov

  August 10, 2026

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  cd2f398c17a98c06b23802dc6ad26d5dbbe334383cff82ac7eea63dfdaee6887

  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. TROTT, as printed in the Congressional Record (Vol. 161, No. 104, July 7, 2015, Page H4861):
  Article I, Section 8, clause 3 of the United States Constitution, in that the legislation exercises legislative power granted to Congress by that clause ``to regulate Commerce with foreign Nations, and among the several States, and with Indian tribes;'' Article I, Section 8, clause 4 of the United States Constitution, in that the legislation exercises legislative power granted to Congress by that clause ``to establish . . . uniform Laws on the subject of Bankruptcies throughout the United States;'' Article I, Section 8, clause 9 of the United States Constitution, in that the legislation exercises legislative power granted to Congress by that clause ``to constitute Tribunals inferior to the…
  Source: Congress.gov, Congressional Record July 7, 2015 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  1,270 characters

  Congress.gov bill record

  H.R. 2947, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/2947

  Record last updated by Congress.gov

  August 10, 2026

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  cd2f398c17a98c06b23802dc6ad26d5dbbe334383cff82ac7eea63dfdaee6887

  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. 2947, last updated August 10, 2026. PORKER’s copy was retrieved September 22, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.