Middle Market IPO Cost Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 2812.

• CBO cost estimateThe Congressional Budget Office published “H.R. 2812, Middle Market IPO Underwriting Cost 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/59140

  CBO publication date

  May 24, 2023

  Congress.gov bill record

  H.R. 2812, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2812

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  bea7a33af1f8191400d6a5538d8a256c0572cfa333a5e259efd766f95787b796

• 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. 118-91 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on June 5, 2023.
  Source: Congress.gov, reported June 5, 2023 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/118/HRPT/91

  Congress.gov bill record

  H.R. 2812, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2812

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  bea7a33af1f8191400d6a5538d8a256c0572cfa333a5e259efd766f95787b796

  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. HIMES, as printed in the Congressional Record (Vol. 169, No. 69, April 25, 2023, Page H1948):
  Article I, Section 8 The single subject of this legislation is: This bill requires the Securities and Exchange Commission to study and report on the costs encountered by small- and medium-sized companies when undertaking initial public offerings and certain offerings exempt from securities registration requirements.
  Source: Congress.gov, Congressional Record April 25, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  317 characters

  Congress.gov bill record

  H.R. 2812, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/2812

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  bea7a33af1f8191400d6a5538d8a256c0572cfa333a5e259efd766f95787b796

  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. 2812, 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.