[Congressional Record Volume 169, Number 43 (Tuesday, March 7, 2023)]
[House]
[Page H1151]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. McHENRY:
       H.R. 1414.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article I, Section 8, Clause 1:
       The Congress shall have Power To lay and collect Taxes, 
     Duties, Imposts and Excises, to pay the Debts and provide for 
     the common Defence and general Welfare of the United States; 
     but all Duties, Imposts and Excises shall be uniform 
     throughout the United States:
       The single subject of this legislation is:
       Clarify Internal Revenue Code related to digtial asset 
     reporting.