Increasing Investor Opportunities Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 2627.

• CBO cost estimateThe Congressional Budget Office published “H.R. 2627, Increasing Investor Opportunities Act” on July 25, 2023. CBO’s description reads “As ordered reported by the House Committee on Financial Services on May 24, 2023”.
  Read the CBO estimate ↗Source: Congressional Budget Office, July 25, 2023 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/59427

  CBO publication date

  July 25, 2023

  Congress.gov bill record

  H.R. 2627, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2627

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  fbab552586a05c418fcebc54c291431c3dd4ff1b49a800728f4590c9dc08f509

• 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. 118-312 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on December 12, 2023.
  Source: Congress.gov, reported December 12, 2023 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/118/HRPT/312

  Congress.gov bill record

  H.R. 2627, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2627

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  fbab552586a05c418fcebc54c291431c3dd4ff1b49a800728f4590c9dc08f509

  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 Mrs. WAGNER, as printed in the Congressional Record (Vol. 169, No. 62, April 13, 2023, Page H1728):
  Article I, Section 8, Clause 18 of the United States Constitution: To make all laws which shall be necessary and proper for carrying into execution the foregoing powers, and all other powers vested by this Constitution in the government of the United States, or in any department or officer thereof. The single subject of this legislation is: This bill allows a closed-end fund--a portfolio of pooled assets with a limited number of shares traded on an exchangd--to increase their investments in private investment funds.
  Source: Congress.gov, Congressional Record April 13, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  521 characters

  Congress.gov bill record

  H.R. 2627, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2627

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  fbab552586a05c418fcebc54c291431c3dd4ff1b49a800728f4590c9dc08f509

  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. 2627, 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.