HR 5018 United States House · 117th Congress

FAIR Scoring Act

Summary

Fiscal Analysis by Income and Race Scoring Act or the FAIR Scoring 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 during the 10-year budget window. 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.

Bill status in committee 1 of 4 stages cleared

Introduction

Aug 2021

Committee Review

Floor Vote

President

Introduced Aug 13, 2021 Last action Aug 13, 2021

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Full legislative history

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Committee

Aug 13, 2021

Committee

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.

lower

Aug 13, 2021

Introduced

Introduced in House

lower

1 primary · 11 co-sponsors