[Congressional Record Volume 169, Number 62 (Thursday, April 13, 2023)]
[House]
[Page H1727]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. McHENRY:
       H.R. 2608.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article 1, Section 8, Clause 3:
       To regulate commerce with states, other nations, and Native 
     American tribes.
       Article 1, Section 8, Clause 18:
       Authority to create laws that are necessary and proper to 
     carry out the laws of the land
       The single subject of this legislation is:
       Establishes that an EGC, as well as any issuer that went 
     public using EGC disclosure obligations, need not provide 
     financial statements for any period preceding the earliest 
     period required to be presented in the IPO registration 
     statement.