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Measuring Real Income Growth Act of 2019

10/28/2022, 1:46 AM

Congressional Summary of S 3102

Measuring Real Income Growth Act of 2019

This bill requires the Bureau of Economic Analysis to include estimates pertaining to various income groups in its gross domestic product analyses. Such analyses shall include estimates pertaining to each of the 10 deciles of income as discreet groups and the highest 1% of income as a group.

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Current Status of Bill S 3102

Bill S 3102 is currently in the status of Bill Introduced since December 18, 2019. Bill S 3102 was introduced during Congress 116 and was introduced to the Senate on December 18, 2019.  Bill S 3102's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. (text: CR S7160-7161) as of December 18, 2019

Bipartisan Support of Bill S 3102

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
25
Democrat Cosponsors
24
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 3102

Primary Policy Focus

Commerce

Potential Impact Areas

- Economic performance and conditions
- Government studies and investigations
- Wages and earnings

Alternate Title(s) of Bill S 3102

Measuring Real Income Growth Act of 2019
Measuring Real Income Growth Act of 2019
A bill to require the Bureau of Economic Analysis of the Department of Commerce to provide estimates relating to the distribution of aggregate economic growth across specific percentile groups of income.

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Sponsors and Cosponsors of S 3102

Charles E. Schumer
Charles E. Schumer
New YorkDemocrat
Elizabeth Warren
Elizabeth Warren
MassachusettsDemocrat
Mark R. Warner
Mark R. Warner
VirginiaDemocrat
Sheldon Whitehouse
Sheldon Whitehouse
Rhode IslandDemocrat
Ron Wyden
Ron Wyden
OregonDemocrat
Chris Van Hollen
Chris Van Hollen
MarylandDemocrat

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