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New Income Growth Data for Different Social Groups

This act requires the Bureau of Economic Analysis to collect and publish data on how economic growth affects the incomes of various social groups. This will allow citizens to better understand if and to what extent economic growth translates into an improvement in their personal financial situation, and how wealth is distributed in society.
Key points
The government will be required to show how economic growth impacts the incomes of the wealthiest and the poorest.
This information will be included in Gross Domestic Product reports, increasing transparency of economic data.
It will enable citizens to assess whether economic policies support equitable development for all.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_1756
Sponsor: Rep. Maloney, Carolyn B. [D-NY-12]
Process start date: 2021-03-10
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Measuring Real Income Growth Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1756.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-10.

What are the main provisions?

Key points include:

  • The government will be required to show how economic growth impacts the incomes of the wealthiest and the poorest.
  • This information will be included in Gross Domestic Product reports, increasing transparency of economic data.
  • It will enable citizens to assess whether economic policies support equitable development for all.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Maloney, Carolyn B. [D-NY-12].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 23 - 18.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy