I 

118TH CONGRESS 

2D SESSION H. R. 10562 

To require analyses of the impact of Government rules, programs, and policies 

on poverty and racial inequity, including the racial wealth gap, and 

for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

DECEMBER 27, 2024 

Ms. WILLIAMS of Georgia (for herself, Ms. BROWN, Ms. NORTON, Ms. KELLY

of Illinois, Mr. MFUME, Ms. CROCKETT, Mrs. WATSON COLEMAN, Ms. 

KAMLAGER-DOVE, Mr. MULLIN, Mr. JACKSON of Illinois, Mr. IVEY, and 

Mrs. RAMIREZ) introduced the following bill; which was referred to the 

Committee on Oversight and Accountability, and in addition to the Committee on the Judiciary, 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 

A BILL 

To require analyses of the impact of Government rules, programs, and policies on poverty and racial inequity, including the racial wealth gap, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Reviewing the Effects 

5 of Programs, Orders, and Rules with Thorough Study 

6 Act’’ or the ‘‘REPORTS Act’’. 


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1 SEC. 2. IMPACT OF FEDERAL AGENCY RULES ON INDIVID2 UALS LIVING AT, NEAR, OR BELOW THE POV3 ERTY LINE AND RACIAL INEQUITY; GAO RE4 PORTS. 

5 (a) IMPACT OF REGULATIONS ON POVERTY AND RA6 CIAL INEQUITY.—Whenever an agency publishes notice of 

7 proposed rule making in the Federal Register for a major 

8 rule, the agency shall, with such notice, publish an anal9 ysis of the actual or potential impact of the major rule 

10 on— 

11 (1) individuals living at, near, or below the pov12 erty line; and 

13 (2) racial inequity. 

14 (b) GAO REPORT ON IMPACT OF FEDERAL GOVERN15 MENT PROGRAMS OR POLICIES ON POVERTY AND RACIAL

16 INEQUITY.—During the calendar year in which the date 

17 that is one year after the date of enactment of this Act 

18 falls, and during each of the following nine calendar years, 

19 the Comptroller General shall publish an electronic report 

20 on between two and five Government programs or policies 

21 with a substantial economic impact (as determined by the 

22 Comptroller General) within the past 5 fiscal years. Any 

23 such report shall examine the actual or potential impact 

24 of such programs or policies on— 

25 (1) individuals living at, near, or below the pov26 erty line; and 


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1 (2) racial inequity. 

2 (c) RACIAL WEALTH GAP.—An analysis under sub3 section (a) or a report under subsection (b) may, at the 

4 discretion of the applicable agency head or the Comptroller 

5 General (as the case may be), include an analysis of the 

6 actual or potential impact of the major rule or Govern7 ment program or policy (as the case may be) on the racial 

8 wealth gap. 

9 (d) DEFINITIONS.—In this Act— 

10 (1) the term ‘‘agency’’ has the meaning given 

11 that term in section 551 of title 5, United States 

12 Code; 

13 (2) the term ‘‘major rule’’ has the meaning 

14 given that term in section 804 of such title 5; and 

15 (3) the terms ‘‘poverty line’’, ‘‘racial inequity’’, 

16 and ‘‘racial wealth gap’’, shall— 

17 (A) for purposes of an analysis under sub18 section (a), be defined as considered appro19 priate by the Director of the Office of Manage20 ment and Budget; and 

21 (B) for purposes of a report under sub22 section (b), be defined as considered appro23 priate by the Comptroller General. 

Æ 


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