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FAIR Act
12/30/2024, 1:23 PM
Summary of Bill HR 10289
Bill 118 hr 10289, also known as the Distribution Analysis Act, aims to amend the Congressional Budget and Impoundment Control Act of 1974. The main purpose of this bill is to require a distribution analysis of a bill or resolution under certain circumstances. This means that before a bill or resolution can be passed, it must undergo an analysis to determine how it will impact different groups or demographics within the population.
The bill also includes provisions for other purposes, which could include additional requirements for transparency and accountability in the legislative process. This could potentially lead to a more informed decision-making process for lawmakers and the public.
Overall, the Distribution Analysis Act seeks to ensure that the potential impacts of legislation are thoroughly examined before being enacted, with the goal of promoting fairness and equity in the distribution of benefits and burdens among the American people.
The bill also includes provisions for other purposes, which could include additional requirements for transparency and accountability in the legislative process. This could potentially lead to a more informed decision-making process for lawmakers and the public.
Overall, the Distribution Analysis Act seeks to ensure that the potential impacts of legislation are thoroughly examined before being enacted, with the goal of promoting fairness and equity in the distribution of benefits and burdens among the American people.
Congressional Summary of HR 10289
Fiscal Analysis by Income and Race Scoring Act or the FAIR Act
This bill requires the Congressional Budget Office's (CBO's) cost estimates for legislation to include a distributional analysis by race and income if the legislation will have a gross budgetary effect of at least 0.1% of gross domestic product in any fiscal year within the budget window (usually 10 years).
CBO's analysis must show the transfers that would result by race and income level, and the effects must be shown both in dollars and as a percent change in after-tax-and-transfer-income.
The bill also requires CBO to report to Congress on methods for conducting such a distributional analysis by gender.
Read the Full Bill
Current Status of Bill HR 10289
Bill HR 10289 is currently in the status of Bill Introduced since December 4, 2024. Bill HR 10289 was introduced during Congress 118 and was introduced to the House on December 4, 2024. Bill HR 10289's most recent activity was Referred to the Committee on the Budget, and in addition to the Committees on Rules, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of December 4, 2024
Bipartisan Support of Bill HR 10289
Total Number of Sponsors
3Democrat Sponsors
3Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
8Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 10289
Primary Policy Focus
Alternate Title(s) of Bill HR 10289
To amend the Congressional Budget and Impoundment Control Act of 1974 by requiring a distribution analysis of a bill or resolution under certain circumstances, and for other purposes.
To amend the Congressional Budget and Impoundment Control Act of 1974 by requiring a distribution analysis of a bill or resolution under certain circumstances, and for other purposes.
Comments
Sponsors and Cosponsors of HR 10289
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