[Congressional Record Volume 169, Number 72 (Friday, April 28, 2023)]
[House]
[Page H2120]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. LaHOOD:
       H.R. 3014.
       Congress has the power to enact this legislation pursuant 
     to the following:
       U.S. Constitution Article I, Section 8, Clause 1: ``The 
     congress shall have Power to lay and collect Taxes . . .''
       The single subject of this legislation is:
       To establish a system for the taxation of catastrophic risk 
     transfer companies to ensure sufficient capital to cover 
     catastrophic --insurance losses.