Magnets Value Chain Support Act of 2026

Cost and committee reports

Official records Congress.gov attaches to H.R. 9227.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. MOOLENAAR, as printed in the Congressional Record (Vol. 172, No. 97, June 9, 2026, Page H4054):
  Authorized by Article I, Section 8 of the Constitution of the United States, specifically: Clause 1 (the Taxing and Spending Clause), which grants Congress the power to lay and collect taxes and provide for the common defense and general welfare of the United States, authorizing the tax credit provisions established in IRC Sec. Sec. 45BB and 45CC; Clause 3 (the Commerce Clause), which grants Congress the power to regulate commerce with foreign nations and among the several states, authorizing provisions governing the domestic production and sourcing of permanent magnets and related materials in interstate and international commerce; and
  Source: Congress.gov, Congressional Record June 9, 2026 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  644 characters

  Congress.gov bill record

  H.R. 9227, 119th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/119/hr/9227

  Record last updated by Congress.gov

  June 29, 2026

  PORKER copy retrieved

  September 13, 2026

  Stored copy, SHA-256 of the file

  9b7a9834a9763eca63cf06f0e48e79ef75b41278ae459ef4e437f46acf8e9efc

  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 June 29, 2026). Not every bill gets one.

From the Congress.gov bill record for H.R. 9227, last updated June 29, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.