3.0.0 7035 2026-06-30T08:06:30Z 2026-06-30T08:06:30Z House H HR 2026-01-13 119 https://www.congress.gov/bill/119th-congress/house-bill/7035 [Congressional Record Volume 172, Number 9 (Tuesday, January 13, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GOODEN:H.R. 7035.Congress has the power to enact this legislation pursuantto the following:The Constitutional authority on which this bill rests isthe power of Congress to lay and collect taxes, duties,imposts, and excises to pay the debts and provide for thecommon Defefense and general welfare of the United States, asenumerated in Article I, Section 8, Clause 1. Thus, Congresshas the authority not only to increase taxes, but also, toreduce taxes to promote the general welfare of the UnitedStates of America and her citizens. Additionally, Congresshas the[Page H718]]]> hsba00 Financial Services Committee House Standing Referred To 2026-01-13T15:01:05Z 119 3623 S 2026-01-13 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Identical bill CRS 2026-01-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2026-01-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2026-01-13 Introduced in House IntroReferral 1000 9 Library of Congress G000589 Rep. Gooden, Lance [R-TX-5] Lance Gooden R TX 5 N L000397 Rep. Lofgren, Zoe [D-CA-18] Zoe Lofgren D CA 18 2026-01-13 True T000165 Rep. Tiffany, Thomas P. [R-WI-7] Thomas Tiffany R WI P. 7 2026-01-20 False V000133 Rep. Van Drew, Jefferson [R-NJ-2] Jefferson Van Drew R NJ 2 2026-01-20 False T000491 Rep. Tran, Derek [D-CA-45] Derek Tran D CA 45 2026-01-23 False H001098 Rep. Hamadeh, Abraham J. [R-AZ-8] Abraham Hamadeh R AZ J. 8 2026-02-09 False D000623 Rep. DeSaulnier, Mark [D-CA-10] Mark DeSaulnier D CA 10 2026-02-09 False M000312 Rep. McGovern, James P. [D-MA-2] James McGovern D MA P. 2 2026-06-29 False Finance and Financial Sector Finance and Financial Sector 2026-02-02T14:58:34Z Display Title 45 2026-01-29T05:23:18Z Short Title(s) as Introduced 101 2026-01-29T05:23:17Z Introduced in House IH Official Title as Introduced 6 2026-01-29T05:18:27Z Introduced in House IH Introduced in House 2026-01-13T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr7035ih/xml/BILLS-119hr7035ih.xml 2026-01-13 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.