WEST Act of 2024

Cost and committee reports

Official records Congress.gov attaches to H.R. 7033.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. CALVERT, as printed in the Congressional Record (Vol. 170, No. 10, January 18, 2024, Page H241):
  The constitutional authority of Congress to enact this legislation is provided by Article I, Section 8 of the United States Constitution, specifically clause 1 and clause 18. The single subject of this legislation is: To amend the Internal Revenue Code of 1986 to apply a 6 percent excise tax on large endowments of certain private colleges and universities.
  Source: Congress.gov, Congressional Record January 18, 2024 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  358 characters

  Congress.gov bill record

  H.R. 7033, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/7033

  Record last updated by Congress.gov

  December 5, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  fb941b851cbb6e4f86956e26d0a8f4eb81e82a6bde6279d20057fea4c8398fd2

  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. 7033, 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.