To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying constructive ownership rules.

Cost and committee reports

Official records Congress.gov attaches to H.R. 5751.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. FERGUSON, as printed in the Congressional Record (Vol. 169, No. 157, September 27, 2023, Page H4714):
  Clause 1 of Section 8 of article 1 of the Constitution, to ``provide for the common defense and general welfare of the United States.'' The single subject of this legislation is: Technical correction to downward attribution
  Source: Congress.gov, Congressional Record September 27, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  223 characters

  Congress.gov bill record

  H.R. 5751, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/5751

  Record last updated by Congress.gov

  July 24, 2024

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  20ceb58d980b831bacd6aa90ace416c5386f4b92b8ab9b4ae4163a6623432aed

  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. 5751, 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.