Promoting Opportunities for Non-Traditional Capital Formation Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 2796.

• CBO cost estimateThe Congressional Budget Office published “H.R. 2796, Promoting Opportunities for Non-Traditional Capital Formation Act” on May 24, 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 24, 2023 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/59138

  CBO publication date

  May 24, 2023

  Congress.gov bill record

  H.R. 2796, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2796

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  37a1c24530c37b20614edf73909a8b73dcb3bfefcb7b0b21eba06746e243c307

• 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. 118-78 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on May 30, 2023.
  Source: Congress.gov, reported May 30, 2023 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/118/HRPT/78

  Congress.gov bill record

  H.R. 2796, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2796

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  37a1c24530c37b20614edf73909a8b73dcb3bfefcb7b0b21eba06746e243c307

  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. WATERS, as printed in the Congressional Record (Vol. 169, No. 68, April 24, 2023, Page H1915):
  Article I, Section 8, clause 3 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: To provide educational resources and host events to promote capital raising options for traditionally underrepresented small businesses, and for other purposes (FSC)
  Source: Congress.gov, Congressional Record April 24, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  377 characters

  Congress.gov bill record

  H.R. 2796, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2796

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  37a1c24530c37b20614edf73909a8b73dcb3bfefcb7b0b21eba06746e243c307

  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. 2796, 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.