Improving Disclosure for Investors Act of 2023

Cost and committee reports

Official records Congress.gov attaches to H.R. 1807.

• CBO cost estimateThe Congressional Budget Office published “H.R. 1807, Improving Disclosure for Investors Act of 2023” on May 25, 2023. CBO’s description reads “As ordered reported by the House Committee on Financial Services on April 26, 2023”.
  Read the CBO estimate ↗Source: Congressional Budget Office, May 25, 2023 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/59210

  CBO publication date

  May 25, 2023

  Congress.gov bill record

  H.R. 1807, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/1807

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  74153a03052bf4acd301d322d34e1a957f58163af828abacfbed55a5ef8e8b2c

• 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. 118-295 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on December 1, 2023.
  Source: Congress.gov, reported December 1, 2023 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/118/HRPT/295

  Congress.gov bill record

  H.R. 1807, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/1807

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  74153a03052bf4acd301d322d34e1a957f58163af828abacfbed55a5ef8e8b2c

  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. HUIZENGA, as printed in the Congressional Record (Vol. 169, No. 55, March 27, 2023, Page H1465):
  Article 1, Section 8 of the United States Constitution; The Congress shall have the Power to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States. The single subject of this legislation is: The Improving Disclosure for Investors Act directs the Securities and Exchange Commission to engage in rulemaking that would allow registered investment companies to satisfy their obligation to deliver regulatory documents to investors under the federal securities laws using electronic means.
  Source: Congress.gov, Congressional Record March 27, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  575 characters

  Congress.gov bill record

  H.R. 1807, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/1807

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  74153a03052bf4acd301d322d34e1a957f58163af828abacfbed55a5ef8e8b2c

  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. 1807, 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.