Employee Paycheck and Small Business Protection Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 10542.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Ms. WATERS, as printed in the Congressional Record (Vol. 170, No. 189, December 19, 2024, Page H7391):
  Clause 3 of Section 8 of Article I of the Constitution, which provides Congress with the power to ``regulate commerce with foreign nations, and among the several states, and with the Indian tribes.'' The single subject of this legislation is: The bill modernizes the deposit insurance framework to better protect small business payment accounts.
  Source: Congress.gov, Congressional Record December 19, 2024 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  345 characters

  Congress.gov bill record

  H.R. 10542, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/10542

  Record last updated by Congress.gov

  August 18, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  57e0f14e062f02662afe9ccbf51a4591d66a21c3aceb708d19540049eeb499bf

  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 August 18, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 10542, last updated August 18, 2025. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.