To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.

Cost and committee reports

Official records Congress.gov attaches to H.R. 2576.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. WILLIAMS of Texas, as printed in the Congressional Record (Vol. 169, No. 62, April 13, 2023, Page H1726):
  Article 1, Section 8 of the Constitution of the United States The single subject of this legislation is: Expands the research report exception. to include reports about any issuer that undertakes a proposed offering of public securities, not just emerging growth companies.
  Source: Congress.gov, Congressional Record April 13, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  273 characters

  Congress.gov bill record

  H.R. 2576, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2576

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  e737ecd6afbf8284550ad99ad14f15eaae03cab83ce4dfb007a8b95cb3b57070

  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 May 27, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 2576, 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.