S 3756

The Poverty Statistics Enhancement Act requires the Bureau of the Census to incorporate the Congressional Budget Office’s distributional analysis of household income into its poverty measurement methods. It expands the definition of ‘earned income’ to include various forms of compensation and government transfer payments, and establishes a new methodology for calculating poverty that considers the sum of earned income and transfer payments, less taxes paid. The bill also aims to improve data availability and transparency by requiring agencies to share data and publishing detailed reports on the new methodology and its impact on poverty measures.