,i #aag? ,,congress #a/ ,session ,h4 ,r4 #dhid ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #cj1 #bjba ,ms4 ,om> 7= h]self1 ,ms4 ,newman1 ,mr4 ,evans1 ,mr4 ,b[man1 ,ms4 ,jayapal1 & ,ms4 ,bu%7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ov]sight & ,re=m1 & 9 addition to ! ,committees on ! ,budget1 ,education & ,labor1 ,ways & ,means1 & ,f9ancial ,s]vices1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to direct ! ,secret>y ( ,comm]ce to e/abli% an alt]native metric = measur+ ! net b5efits ( economic activity1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,g5u9e ,progress ,indicator ,act ( #bjba or ! ,,gpi ,act ( #bjba4 #b4 ,g5u9e progress indicator 7a7 ,e/abli%m5t ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,comm]ce 79 ?is ,act ref]r$ to z ! ,secret>y71 act+ ?r\gh ! ,director ( ! ,bureau = ,economic ,analysis1 %all e/abli% a metric to be kn[n z ! g5u9e progress indicator to measure ! economic well-be+ ( h\seholds1 calculat$ ?r\gh adju/m5ts to gross dome/ic product t acc\nt = positive & negative economic1 environm5tal1 & social factors t contribute to economic activity1 includ+ ! factors describ$ 9 subsection 7b74 7b7 ,factors ,! g5u9e progress indicator e/abli%$ "u subsection 7a7 %all include ! foll[+3 7#a7 ,b5efits ,) respect to b5efits1 ! total annual economic value (-- 7,a7 p]sonal consumption exp5ditures1 net ( inve/m5ts1 & def5sive sp5d+2 7,b7 ! pur*ase ( consum] durables & o!r h\sehold durables us$ = home improvem5t1 includ+ appliances1 vehicles1 & sol> panels2 7,c7 publicly provid$ goods & s]vices2 7,d7 high] education2 7,e7 job skills t are ess5tial to an economy t-- 7i7 is self-suffici5t2 & 7ii7 addresses ecological sc>cities & directs res\rces to su/a9able developm5t )\t degrad+ ! environm5t2 7,f7 "t sp5t t[>d leisure activities2 7,g7 unpaid labor1 includ+-- 7i7 p>5t+2 7ii7 volunte]+2 & 7iii7 "t sp5t on h\sehold duties2 7,h7 infra/ructure1 includ+-- 7i7 transportation sy/ems2 7ii7 communication networks2 & 7iii7 sewage1 wat]1 & electric sy/ems2 & 7,i7 ecosy/em s]vices ) respect to protect$ natural areas1 includ+-- 7i7 flood control2 7ii7 wat] purification2 7iii7 poll9ation ( crops2 7iv7 control ( pe/s & invasive specifies2 7v7 outdoor recreation2 7vi7 hunt+ & fi%+2 7vii7 h>ve/+ ( plants = m$ic9al & edible purposes2 7viii7 c>bon seque/ration2 & 7ix7 ma9t5ance ( biological & g5etic div]sity4 7#b7 ,co/s ,) respect to co/s1 ! total annual economic co/s (-- 7,a7 income inequality bas$ on h\sehold exp5ditures2 7,b7 und]employm5t & unemploym5t2 7,c7 homelessness2 7,d7 dome/ic abuse2 7,e7 viol5t1 prop]ty1 :ite-coll>1 & organiz$ crime2 7,f7 wat]1 air1 & noise pollution at ! h\sehold & national level2 7,g7 ! loss ( f>ml& & productive soils1 includ+ soil quality degradation2 7,h7 ! loss ( natural wetl&s1 prim>y =e/ area1 & o!r at-risk ecosy/ems2 7,i7 high am\nts ( c>bon dioxide & o!r gre5h\se gas emissions2 7,j7 ! depletion ( ! ozone lay]2 7,k7 ! depletion ( nonr5ewable s\rces ( en]gy2 7,l7 lo/ leisure "t due to traffic conge/ion2 & 7,m7 accid5ts involv+ motor vehicles4 7c7 ,use ( g5u9e progress indicator ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! head ( ea* ,f$]al ag5cy1 ! ,presid5t1 ! ,*air ( ! ,f$]al ,res]ve1 & ,congress %all1 ) respect to any budget>y report+ & economic =eca/+ involv+ a measure ( ! net b5efits ( economic activity1 use bo? ! g5u9e progress indicator e/abli%$ pursuant to subsection 7a7 & gross dome/ic product1 includ+-- 7#a7 ) respect to ! ,director ( ! ,congressional ,budget ,(fice1 ! report submitt$ pursuant to section #bjb7;e77#a7 ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fjb7;e77#a772 7#b7 ) respect to ! ,presid5t-- 7,a7 ea* budget proposal submitt$ pursuant to section #aaje ( title #ca1 ,unit$ ,/ates ,code2 & 7,b7 ea* report submitt$ pursuant to section #d ( ! ,employm5t ,act ( #aidf 7#ae ,u4,s4,c4 #ajbb;a72 7#c7 ) respect to ! ,*air ( ! ,f$]al ,res]ve1 ! report submitt$ pursuant to section #bbe;b7b7 ( ! ,f$]al ,res]ve ,act ( #aiac 7#ab ,u4,s4,c4 #bbe;b7b772 & 7#d7 ) respect to ,congress-- 7,a7 ea* economic report submitt$ by ! committee e/abli%$ "u section #aa ( ! ,employm5t ,act ( #aidf 7#ae ,u4,s4,c4 #ajbd72 & 7,b7 ea* tax inve/igation report develop$ by ! ,jo9t ,committee on ,taxation pursuant to section #hjbb ( ! ,int]nal ,rev5ue ,code ( #aihf4 7d7 ,report ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,secret>y & ! ,director ( ! ,congressional ,budget ,(fice %all submit to ,congress a report on-- 7#a7 ! developm5t ( ! g5u9e progress indicator "u subsection 7a72 7#b7 ! co/ ( su* developm5t2 & 7#c7 ! utility ( ! g5u9e progress indicator ) respect to measur+ ! net b5efits ( economic activity4 7e7 ,f$]al ag5cy def9$ ,! t]m ,f$]al ag5cy has ! mean+ giv5 t t]m 9 section #eea ( title #e1 ,unit$ ,/ates ,code4