Housing Opportunity Through Modernization Act of 2016

Cost and committee reports

Official records Congress.gov attaches to H.R. 3700.

• CBO cost estimateThe Congressional Budget Office published “H.R. 3700, Housing Opportunity Through Modernization Act of 2015” on January 28, 2016. CBO’s description reads “As ordered reported by the House Committee on Financial Services on December 9, 2015”.
  Read the CBO estimate ↗Source: Congressional Budget Office, January 28, 2016 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/51174

  CBO publication date

  January 28, 2016

  Congress.gov bill record

  H.R. 3700, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/3700

  Record last updated by Congress.gov

  January 20, 2026

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  75322f1856b956bab4dc33d1f797e8f321dcf629e75f5f203366cdc963ba93b0

• 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. 114-397 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on January 28, 2016.
  Source: Congress.gov, reported January 28, 2016 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/114/HRPT/397

  Congress.gov bill record

  H.R. 3700, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/3700

  Record last updated by Congress.gov

  January 20, 2026

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  75322f1856b956bab4dc33d1f797e8f321dcf629e75f5f203366cdc963ba93b0

  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. LUETKEMEYER, as printed in the Congressional Record (Vol. 161, No. 147, October 7, 2015, Page H6893):
  The constitutional authority on which this bill rests is the explicit power of Congress to regulate commerce in and among the states, as enumerate in Article 1, Section 8, Clause 3, the Commerce Clause, of the United States Constitution. Additionally, Article 1, Section 7, Clause 2 of the Constitution allows for every bill passed by the House of Representatives and the Senate and signed by the President to be codified into law; and therefore implicitly allows Congress to repeal any bill that has been passed by both chambers and signed into law by the President.
  Source: Congress.gov, Congressional Record October 7, 2015 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  567 characters

  Congress.gov bill record

  H.R. 3700, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/3700

  Record last updated by Congress.gov

  January 20, 2026

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  75322f1856b956bab4dc33d1f797e8f321dcf629e75f5f203366cdc963ba93b0

  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. 3700, last updated January 20, 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.