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HR 4894 117th Congress House Commerce

GPI Act of 2021

Introduced: July 30, 2021 Introduced by: Omar, Ilhan Democratic · Minnesota See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 2021
Introduced in House
Jul 30, 2021
Referred to the Committee on Oversight and Reform, and in addition to the Committees on the Budget, Education and Labor, Ways and Means, and Financial Services, 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.
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 Plain-English summary Congressional Research Service

Genuine Progress Indicator Act of 2021 or the GPI Act of 2021

This bill requires the Department of Commerce to establish the genuine progress indicator as a metric to measure the economic well-being of households.

The indicator shall be calculated through adjustments to gross domestic product that account for positive and negative economic, environmental, and social factors that contribute to economic activity. It shall also include the total annual economic value and cost of such factors.

The head of each federal agency, the President, the Federal Reserve, and Congress must use both the indicator and gross domestic product for budgetary reporting and economic forecasting that measures the net benefits of economic activity.

What's happening now July 30, 2021

Referred to the Committee on Oversight and Reform, and in addition to the Committees on the Budget, Education and Labor, Ways and Means, and Financial Services, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 5
 Cosponsors 5
All 5 Democratic 2
Bowman, Jamaal
· Jul 30, 2021
Bush, Cori
· Jul 30, 2021
 D
Evans, Dwight
Pennsylvania · Jul 30, 2021
 D
Jayapal, Pramila
Washington · Jul 30, 2021
Newman, Marie
· Jul 30, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4894: GPI Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4894/
MLA
"H.R. 4894: GPI Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4894/.
Bluebook (legal)
H.R. 4894, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4894/.
Markdown link
[H.R. 4894: GPI Act of 2021](https://openamerica.io/bill/117-HR-4894/)
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