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Senate Supports Legislative Agenda to Close Racial Wealth Gap

The Senate expresses support for collaborating with the Congressional Black Caucus to advance a legislative agenda focused on closing the racial wealth gap. This commitment aims to improve citizens' lives by tackling systemic barriers in housing, employment, entrepreneurship, and financial services. Future legislative efforts will focus on creating equitable opportunities for wealth accumulation and financial security.
Key points
Housing market reform: increasing supply, reducing costs, and strengthening renter protection to facilitate homeownership.
Support for tax reform aimed at securing retirement, increasing homeownership affordability, and facilitating generational wealth accumulation.
Commitment to updating the federal minimum wage to reflect inflation and expanding access to job training programs.
Promoting entrepreneurship and creating new job opportunities in future sectors like green energy and technology.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_SRES_598
Sponsor: Sen. Butler, Laphonza R. [D-CA]
Process start date: 2024-03-20
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A resolution expressing support for the Senate to work alongside the Congressional Black Caucus to build the Black Wealth Agenda and outline the legislative priorities to achieve the Black Wealth Agenda.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_SRES_598.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-03-20.

What are the main provisions?

Key points include:

  • Housing market reform: increasing supply, reducing costs, and strengthening renter protection to facilitate homeownership.
  • Support for tax reform aimed at securing retirement, increasing homeownership affordability, and facilitating generational wealth accumulation.
  • Commitment to updating the federal minimum wage to reflect inflation and expanding access to job training programs.
  • Promoting entrepreneurship and creating new job opportunities in future sectors like green energy and technology.
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 Sen. Butler, Laphonza R. [D-CA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Real Estate Taxes