Small Company Disclosure Simplification Act of 2018

Cost and committee reports

Official records Congress.gov attaches to H.R. 5054.

• CBO cost estimateThe Congressional Budget Office published “H.R. 5054, Small Company Disclosure Simplification Act of 2018” on December 20, 2018. CBO’s description reads “As ordered reported by the House Committee on Financial Services on June 7, 2018”.
  Read the CBO estimate ↗Source: Congressional Budget Office, December 20, 2018 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/54897

  CBO publication date

  December 20, 2018

  Congress.gov bill record

  H.R. 5054, 115th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/115/hr/5054

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  e0a7d218b33463e58da1f66b21eee6a09ae7aee291a24f20c431f6ba7b07e09b

• 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. 115-1094 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on December 21, 2018.
  Source: Congress.gov, reported December 21, 2018 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/115/HRPT/1094

  Congress.gov bill record

  H.R. 5054, 115th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/115/hr/5054

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  e0a7d218b33463e58da1f66b21eee6a09ae7aee291a24f20c431f6ba7b07e09b

  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. KUSTOFF of Tennessee, as printed in the Congressional Record (Vol. 164, No. 30, February 15, 2018, Page H1213):
  Under Article I, Section 8, the Necessary and Proper Clause. Congress shall have power to make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers and all 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 15, 2018 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  312 characters

  Congress.gov bill record

  H.R. 5054, 115th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/115/hr/5054

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 22, 2026

  Stored copy, SHA-256 of the file

  e0a7d218b33463e58da1f66b21eee6a09ae7aee291a24f20c431f6ba7b07e09b

  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. 5054, 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.