Protect Small Business and Prevent Illicit Financial Activity Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 5119.

• CBO cost estimateThe Congressional Budget Office published “H.R. 5119, Protect Small Business and Prevent Illicit Financial Activity Act” on November 6, 2023. CBO’s description reads “As reported by the House Committee on Financial Services on September 20, 2023”.
  Read the CBO estimate ↗Source: Congressional Budget Office, November 6, 2023 ↗

  Evidence

  Field in the Congress.gov record

  cboCostEstimates

  CBO publication

  https://www.cbo.gov/publication/59735

  CBO publication date

  November 6, 2023

  Congress.gov bill record

  H.R. 5119, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/5119

  Record last updated by Congress.gov

  December 5, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  4ac9957a689eaf2009574e4f13d83dab1310a741e3f0005cde8d1ac327da3b84

• 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. 118-303 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on December 11, 2023.
  Source: Congress.gov, reported December 11, 2023 ↗

  Evidence

  Field in the Congress.gov record

  committeeReports

  Report API records

  https://api.congress.gov/v3/committee-report/118/HRPT/303

  Congress.gov bill record

  H.R. 5119, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/5119

  Record last updated by Congress.gov

  December 5, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  4ac9957a689eaf2009574e4f13d83dab1310a741e3f0005cde8d1ac327da3b84

  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. NUNN of Iowa, as printed in the Congressional Record (Vol. 169, No. 132, August 1, 2023, Page H4159):
  Article 1, Section 8, Clause 18: 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, The single subject of this legislation is: To amend title 31, United States Code, to provide small businesses with additional time to file beneficial ownership information, and for other purposes.
  Source: Congress.gov, Congressional Record August 1, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  421 characters

  Congress.gov bill record

  H.R. 5119, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/5119

  Record last updated by Congress.gov

  December 5, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  4ac9957a689eaf2009574e4f13d83dab1310a741e3f0005cde8d1ac327da3b84

  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. 5119, 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.