Tax on Wall Street Speculation Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 4119.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Ms. LEE of California, as printed in the Congressional Record (Vol. 169, No. 104, June 14, 2023, Page H2933):
  Article I, Section 8, Clause 18 of the Constitution The single subject of this legislation is: Creates a financial transaction tax on finanial securities.
  Source: Congress.gov, Congressional Record June 14, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  154 characters

  Congress.gov bill record

  H.R. 4119, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/4119

  Record last updated by Congress.gov

  December 5, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  c07647e5eec76a8dfa52db7f97fd7ed920775ec243e56b78854d970cb19c57d5

  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 December 5, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 4119, last updated December 5, 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.