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Income and Race Fiscal Analysis: Enhancing Legislative Transparency

This act mandates that major bills undergo analysis to assess their financial impact on various income and racial groups. This aims to provide a clearer understanding of how new laws might affect citizens' finances and daily lives, particularly concerning inequality. The goal is to equip Congress with reliable data for more informed decision-making.
Key points
Requires financial impact analysis of major legislation on different income and racial groups.
Aims to increase transparency and awareness regarding legislative consequences for citizens.
Mandates a report on methods for analyzing the impact of legislation on different genders.
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Expired
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Additional Information
Print number: 118_HR_10289
Sponsor: Rep. Khanna, Ro [D-CA-17]
Process start date: 2024-12-04
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

FAIR Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10289.

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 2024-12-04.

What are the main provisions?

Key points include:

  • Requires financial impact analysis of major legislation on different income and racial groups.
  • Aims to increase transparency and awareness regarding legislative consequences for citizens.
  • Mandates a report on methods for analyzing the impact of legislation on different genders.
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. Khanna, Ro [D-CA-17].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy Courts and Law