Financial Reporting Threshold Modernization Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 388.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. LOUDERMILK, as printed in the Congressional Record (Vol. 165, No. 4, January 9, 2019, Page H360):
  Article I, Section 8 of the Constitution.
  Source: Congress.gov, Congressional Record January 9, 2019 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  41 characters

  Congress.gov bill record

  H.R. 388, 116th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/116/hr/388

  Record last updated by Congress.gov

  January 3, 2025

  PORKER copy retrieved

  September 20, 2026

  Stored copy, SHA-256 of the file

  7dc0677aa9ef46e4525d02ca72ca5634467394298e2112ed8ad838a8541628d6

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of January 3, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 388, last updated January 3, 2025. PORKER’s copy was retrieved September 20, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.