Billionaire Minimum Income Tax Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 8558.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. COHEN, as printed in the Congressional Record (Vol. 168, No. 126, July 28, 2022, Page H7406):
  Article 1 Section 8 of the Constitution gives Congress the power to lay and collect taxes to provide for the general welfare of the United States.
  Source: Congress.gov, Congressional Record July 28, 2022 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  146 characters

  Congress.gov bill record

  H.R. 8558, 117th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/117/hr/8558

  Record last updated by Congress.gov

  January 3, 2025

  PORKER copy retrieved

  September 16, 2026

  Stored copy, SHA-256 of the file

  b006cc0e8ff7f22cef5d4c3346e2df876a017b74f626c945ec561228a22c46f0

  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. 8558, last updated January 3, 2025. PORKER’s copy was retrieved September 16, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.