A Resolution directing the Legislative Budget and Finance Committee to conduct a study that examines the effects of the racial wealth disparity on Black residents in this Commonwealth and provide policy recommendations on how to best reduce or eliminate the racial wealth disparity in this Commonwealth.

HR 301 is a resolution directing the Legislative Budget and Finance Committee to study how racial wealth disparities specifically impact Black residents in the Commonwealth. The study must examine these disparities and develop concrete policy recommendations to reduce or eliminate them. This resolution does not create new laws but requires the committee to produce findings and actionable suggestions for future legislative consideration. It directly affects Black residents by focusing on systemic economic inequities within the state.