Incentivizing Safe and Sound Banking Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 4209.

• 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. 107, June 20, 2023, Page H2991):
  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: This bill would expand bank regulator authority to prohibit stock sales of bank executives, when appropriate, when issuing a cease-and-desist order to a bank for not complying with the law, and automatically restricting such stock sales by senior executives of large banks if it receives poor exam ratings or does not resolve supervisory citations.
  Source: Congress.gov, Congressional Record June 20, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  560 characters

  Congress.gov bill record

  H.R. 4209, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/4209

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  0d20a7b029c75cd539ee9b494851459f23493df1ab89ee3cee3ec92eac8f66e5

  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 May 27, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 4209, 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.