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    <number>5420</number>
    <updateDate>2025-12-05T09:10:17Z</updateDate>
    <updateDateIncludingText>2025-12-05T09:10:17Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2024-12-04</introducedDate>
    <congress>118</congress>
    <legislationUrl>https://www.congress.gov/bill/118th-congress/senate-bill/5420</legislationUrl>
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        <name>Budget Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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            <name>Referred To</name>
            <date>2024-12-04T17:35:14Z</date>
          </item>
        </activities>
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    <relatedBills>
      <item>
        <title>FAIR Act</title>
        <congress>118</congress>
        <number>10289</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2024-12-04</actionDate>
          <text>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.</text>
        </latestAction>
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        <actionDate>2024-12-04</actionDate>
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            <name>Budget Committee</name>
          </item>
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          <name>Senate</name>
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        <text>Read twice and referred to the Committee on the Budget.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2024-12-04</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>W000817</bioguideId>
        <fullName>Sen. Warren, Elizabeth [D-MA]</fullName>
        <firstName>Elizabeth</firstName>
        <lastName>Warren</lastName>
        <party>D</party>
        <state>MA</state>
        <middleName>A.</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Economics and Public Finance</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Economics and Public Finance</name>
        <updateDate>2025-08-15T16:57:32Z</updateDate>
      </policyArea>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2024-12-04</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2025-08-15T18:59:35Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Fiscal Analysis by Income and Race Scoring Act or the FAIR Act&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;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).&amp;nbsp;&lt;/p&gt;&lt;p&gt;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.&lt;/p&gt;&lt;p&gt;The bill also requires CBO to report to Congress on methods for conducting such a distributional analysis by gender.&lt;/p&gt;</text>
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    <title>FAIR Act</title>
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        <title>FAIR Act</title>
        <updateDate>2024-12-31T01:53:17Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>FAIR Act</title>
        <updateDate>2024-12-31T01:53:16Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Fiscal Analysis by Income and Race Scoring Act</title>
        <updateDate>2024-12-31T01:53:16Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill 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.</title>
        <updateDate>2024-12-31T01:48:23Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2024-12-04T05:00:00Z</date>
        <formats>
          <item>
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          </item>
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    <latestAction>
      <actionDate>2024-12-04</actionDate>
      <text>Read twice and referred to the Committee on the Budget.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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