[Congressional Record (Bound Edition), Volume 157 (2011), Part 9]
[House]
[Page 12959]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   CONSTITUTIONAL AUTHORITY STATEMENT

  Pursuant to clause 7 of rule XII of the Rules of the House of 
Representatives, the following statements are submitted regarding the 
specific powers granted to Congress in the Constitution to enact the 
accompanying bill or joint resolution.

           By Mr. BRALEY of Iowa:
       H.R. 2826.
       Congress has the power to enact this legislation pursuant 
     to the following:
       This bill is enacted pursuant to the power granted to 
     Congress under Article I, Section 8, Clause 18 of the United 
     States Constitution.
           By Mr. DOLD:
       H.R. 2827.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article 1, Section 8, clause 3, which provides Congress the 
     power to ``regulate commerce with foreign Nations and among 
     the several States.'' This legislation clarifies language in 
     the Dodd-Frank Act regarding the registration and regulation 
     of municipal advisors. It does this by amending the 
     Securities Exchange Act of 1934.
           By Mr. GEORGE MILLER of California:
       H.R. 2828.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article I, Section 8, Clause 1, 3, 18 of the U.S. 
     Constitution; Article I, Section 9, Clause 7 of the U.S. 
     Constitution.

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