To amend the Internal Revenue Code of 1986 to impose an excise tax on certain indebtedness, and for other purposes.

Cost and committee reports

Official records Congress.gov attaches to H.R. 10846.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Ms. FRIEDMAN, as printed in the Congressional Record (Vol. 172, No. 162, October 19, 2026, Page H6052):
  Article I, Section 8
  Source: Congress.gov, Congressional Record October 19, 2026 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  20 characters

  Congress.gov bill record

  H.R. 10846, 119th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/119/hr/10846

  Record last updated by Congress.gov

  October 20, 2026

  PORKER copy retrieved

  October 21, 2026

  Stored copy, SHA-256 of the file

  c33e5408dc2376d73f7b12946c4f188043ef11783532b7799e031e85e2dc9419

  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 October 20, 2026). Not every bill gets one.

From the Congress.gov bill record for H.R. 10846, last updated October 20, 2026. PORKER’s copy was retrieved October 21, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.