Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015

Cost and committee reports

Official records Congress.gov attaches to H.R. 686.

• CBO cost estimateThe Congressional Budget Office published “H.R. 686, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015” on June 18, 2015. CBO’s description reads “As ordered reported by the House Committee on Financial Services on May 20, 2015”.
  Read the CBO estimate ↗Source: Congressional Budget Office, June 18, 2015 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/50320

  CBO publication date

  June 18, 2015

  Congress.gov bill record

  H.R. 686, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/686

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  dc2522fbd610a83e513650b2c63c478e1522630b4b2b86bd6cfb402ec5b3cf4f

• 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. 114-400 ↗. 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/400

  Congress.gov bill record

  H.R. 686, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/686

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  dc2522fbd610a83e513650b2c63c478e1522630b4b2b86bd6cfb402ec5b3cf4f

  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. HUIZENGA of Michigan, as printed in the Congressional Record (Vol. 161, No. 18, February 3, 2015, Page H757):
  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, Congressional Record February 3, 2015 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  652 characters

  Congress.gov bill record

  H.R. 686, 114th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/114/hr/686

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  dc2522fbd610a83e513650b2c63c478e1522630b4b2b86bd6cfb402ec5b3cf4f

  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. 686, last updated April 7, 2025. PORKER’s copy was retrieved September 22, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.