China Financial Threat Mitigation Act of 2023

Cost and committee reports

Official records Congress.gov attaches to H.R. 1156.

• CBO cost estimateThe Congressional Budget Office published “H.R. 1156, China Financial Threat Mitigation Act of 2023” on March 16, 2023. CBO’s description reads “As ordered reported by the House Committee on Financial Services on February 28, 2023”.
  Read the CBO estimate ↗Source: Congressional Budget Office, March 16, 2023 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/59011

  CBO publication date

  March 16, 2023

  Congress.gov bill record

  H.R. 1156, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/1156

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  9c55cb3ad78d2bec7bba0b494c7f607cbe941530b9b2b83b63f91acc6951cf5f

• 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. 118-72 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on May 22, 2023.
  Source: Congress.gov, reported May 22, 2023 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/118/HRPT/72

  Congress.gov bill record

  H.R. 1156, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/1156

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  9c55cb3ad78d2bec7bba0b494c7f607cbe941530b9b2b83b63f91acc6951cf5f

  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 Ms. SPANBERGER, as printed in the Congressional Record (Vol. 169, No. 36, February 24, 2023, Page H875):
  Article 1, Section 8 The single subject of this legislation is: Requires the Treasury Department to issue a report on the effects of reforms to China's financial sector on the U.S. and global financial system, describes the U.S. policies to protect U.S. interests during these reforms, analyzes risks to U.S. financial stability and the global economy from China, and provides recommendations for how the U.S. can mitigate these risks.
  Source: Congress.gov, Congressional Record February 24, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  435 characters

  Congress.gov bill record

  H.R. 1156, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/1156

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  9c55cb3ad78d2bec7bba0b494c7f607cbe941530b9b2b83b63f91acc6951cf5f

  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. 1156, last updated May 27, 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.