To amend the Internal Revenue Code of 1986 to make a portion of research credit refundable for certain small businesses engaging in specified medical research.

Cost and committee reports

Official records Congress.gov attaches to H.R. 5206.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. BUCHANAN, as printed in the Congressional Record (Vol. 169, No. 136, August 15, 2023, Page H4187):
  Art. 1, Sec. 8 The single subject of this legislation is: To amend the Internal Revenue Code of 1986 to make a portion of research credit refundable for certain small businesses engaging in specified medical research
  Source: Congress.gov, Congressional Record August 15, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  216 characters

  Congress.gov bill record

  H.R. 5206, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/5206

  Record last updated by Congress.gov

  July 24, 2024

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  88c5e132a8a8c71ac73e1e9d293daaccf9d53ce3e1107c67c0696f2732fba2dd

  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. 5206, 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.