Small Business Red Tape Relief Act of 2024

Cost and committee reports

Official records Congress.gov attaches to H.R. 7963.

• 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. 170, No. 62, April 11, 2024, Page H2318):
  Article 1, Section 8 of the United States Constitution 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, or in any Department or Officer thereof. The single subject of this legislation is: To amend title 31, United States Code, to require FinCEN to submit to Congress a quarterly report on certain beneficial ownership data
  Source: Congress.gov, Congressional Record April 11, 2024 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  465 characters

  Congress.gov bill record

  H.R. 7963, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/7963

  Record last updated by Congress.gov

  May 27, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  84d287b8a2b13a7672a9dddd1a67ed724fbc15c9b3b71a82ffc6d1db07959f8f

  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 May 27, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 7963, last updated May 27, 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.