Protecting American Savers and Retirees Act

Cost and committee reports

Official records Congress.gov attaches to H.R. 515.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. KUSTOFF, as printed in the Congressional Record (Vol. 169, No. 16, January 25, 2023, Page H325):
  Under Article 1, SectIon 8, the Necessary and Proper Clause. Congress shall have power to make all laws which shall be necessary and proper for carrying into Execution the foregoing powers and all Powers vested by this Constitution in the Government of the United States, or in any Department of Officer thereof. The single subject of this legislation is: This legislation pertains to the excise tax on the repurchase of certain corporate stock.
  Source: Congress.gov, Congressional Record January 25, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  445 characters

  Congress.gov bill record

  H.R. 515, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/515

  Record last updated by Congress.gov

  July 24, 2024

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  02c480577390b55e0065b1a2722517d55b306ce66de95c8f2ba41618a930040f

  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 July 24, 2024). Not every bill gets one.

From the Congress.gov bill record for H.R. 515, last updated July 24, 2024. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.