House bill · 118th Congress · Did not become law
PORTFOLIO Act
Open in Bill Explorer →Where it went
- IntroducedJan 17, 2023
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Jan 17, 2023 — Referred to the Committee on Oversight and Accountability, and in addition to the Committees on the Judiciary, House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Cost and committee reports
Official records Congress.gov attaches to H.R. 389.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. SCHWEIKERT, as printed in the Congressional Record (Vol. 169, No. 12, January 17, 2023, Page H244):Article 1, Section 8, Clause 18 of the U.S. Constitution: The Congress shall have the Power 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.Source: Congress.gov, Congressional Record January 17, 2023 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 324 characters
- Congress.gov bill record
- H.R. 389, 118th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/118/hr/389
- Record last updated by Congress.gov
- February 4, 2025
- PORKER copy retrieved
- September 14, 2026
- Stored copy, SHA-256 of the file
dc89d25e30590e8c1c95c90df8a1cdea1d1534a90c1f81c1b4f7861f86fc80b7
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 February 4, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 389, last updated February 4, 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.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 118th Congress bills sponsored by Rep. David Schweikert.
- H.R. 1607 (118th) To clarify jurisdiction with respect to certain Bureau of Reclamation pumped storage development, and for other purposes.
- H.R. 8261 (118th) Preserving Telehealth, Hospital, and Ambulance Access Act
- H.R. 8293 (118th) American Donor Privacy and Foreign Funding Transparency Act
- H.R. 6227 (118th) Adding Coccidioidomycosis to the FDA Priority Review Voucher Program Act of 2023
- H.R. 5932 (118th) Fortify Israel Act
- H.R. 3991 (118th) Small Business Paperwork Savings Act
Sponsor’s state and district
Data as of Sep 14, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.