Wall Street Tax Act of 2023

Cost and committee reports

Official records Congress.gov attaches to H.R. 4870.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Ms. HOYLE of Oregon, as printed in the Congressional Record (Vol. 169, No. 128, July 25, 2023, Page H3951):
  This bill is enacted pursuant to the power granted to Congress under Article I of the United States Constitution and its subsequent amendments, and further clarified and interpreted by the Supreme Court of the United States. The single subject of this legislation is: This bill imposes a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives.
  Source: Congress.gov, Congressional Record July 25, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  359 characters

  Congress.gov bill record

  H.R. 4870, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/4870

  Record last updated by Congress.gov

  December 5, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  9640062e0b1648390e6fb91a33b5638a94ffcaebdb2ee1967f7e51364e2599fa

  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. 4870, 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.