Social and Economic Equity Promotion Act
This bill establishes the Division of Social and Economic Equity within the Congressional Budget Office to analyze the impact of legislation on equity.
Under the bill, equity is the consistent and systematic fair, just, and impartial treatment of all individuals, including individuals who belong to underserved communities that have been denied such treatment.
To amend the Congressional Budget and Impoundment Control Act of 1974 
    to establish the Division of Social and Economic Equity in the 
          Congressional Budget Office, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Social and Economic Equity Promotion 
Act''.

SEC. 2. ESTABLISHMENT OF THE DIVISION OF SOCIAL AND ECONOMIC EQUITY.

    (a) In General.--Section 201 of the Congressional Budget and 
Impoundment Control Act of 1974 (2 U.S.C. 601) is amended--
            (1) by redesignating subsections (b) through (g) as 
        subsections (c) through (h), respectively; and
            (2) by inserting after subsection (a) the following new 
        subsection:
    ``(b) Division of Social and Economic Equity.--There is established 
in the Office the Division of Social and Economic Equity to carry out 
the equity analyses required by section 402.''.
    (b) Analyses of Equity Impact.--Section 402 of the Congressional 
Budget and Impoundment Control Act of 1974 (2 U.S.C. 653) is amended--
            (1) by redesignating paragraph (3) as paragraph (4);
            (2) in paragraph (2), by striking ``and'';
            (3) by inserting after paragraph (2) the following new 
        paragraph:
            ``(3) as the chair or ranking member of the Committee on 
        the Budget of the House of Representatives determines 
        appropriate, an analysis carried out by the Division of Social 
        and Economic Equity of the impact on equity resulting from the 
        enactment of such bill or resolution in the fiscal year in 
        which it is to become effective and in each of the 4 fiscal 
        years following such fiscal year, together with the basis for 
        each such analysis; and''; and
            (4) in the last sentence, by striking ``and'' and inserting 
        ``analysis, and''.
    (c) Definitions.--Section 3 of the Congressional Budget and 
Impoundment Control Act of 1974 (2 U.S.C. 622) is amended by adding at 
the end the following:
            ``(12) The term `equity' means the consistent and 
        systematic fair, just, and impartial treatment of all 
        individuals, including individuals who belong to underserved 
        communities that have been denied such treatment, such as 
        Black, Latino, and Indigenous and Native American individuals, 
        Asian Americans and Pacific Islanders and other individuals of 
        color, members of religious minorities, lesbian, gay, bisexual, 
        transgender, and queer individuals, individuals with 
        disabilities, individuals who live in rural areas, and 
        individuals otherwise adversely affected by persistent poverty 
        or inequality.
            ``(13) The term `underserved communities' means populations 
        that share a particular characteristic, including with respect 
        to geographic area, that have been systematically denied a full 
        opportunity to participate in aspects of economic, social, and 
        civic life, including populations of individuals described in 
        paragraph (12).''.
    (d) Report.--Not later than 6 months after the date of enactment of 
this Act, the Director of the Congressional Budget Office shall, in 
consultation with the Select Committee on Economic Disparity and 
Fairness in Growth of the House of Representatives, submit a report to 
each House of Congress of how the Office plans to carry out the equity 
analyses required by section 402 of the Congressional Budget and 
Impoundment Control Act of 1974 (2 U.S.C. 653), as amended by this Act.
    (e) Effective Date.--The amendments made by this Act shall take 
effect 6 months after the date the report required by subsection (d) is 
submitted to both Houses of Congress.
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Social and Economic Equity Promotion Act
To amend the Congressional Budget and Impoundment Control Act of 1974 to establish the Division of Social and Economic Equity in the Congressional Budget Office, and for other purposes.
Social and Economic Equity Promotion Act
Rep. Meeks, Gregory W.