PRINTER'S NO. 2608
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE RESOLUTION
No.
321
Session of
2024
INTRODUCED BY GREEN, KHAN, N. NELSON, HARRIS, BULLOCK, BURGOS,
MAYES, RABB, ABNEY, CEPHAS, PARKER, SMITH-WADE-EL, MADSEN,
FLEMING, KAZEEM, SCOTT, KINSEY, SCHLOSSBERG, GIRAL, SANCHEZ,
HOHENSTEIN, CONKLIN, DELLOSO, KENYATTA, D. WILLIAMS, POWELL,
CEPEDA-FREYTIZ, WAXMAN, ROZZI, DALEY AND FIEDLER,
FEBRUARY 20, 2024
REFERRED TO COMMITTEE ON FINANCE, FEBRUARY 20, 2024
A RESOLUTION
Directing the Legislative Budget and Finance Committee to
conduct a study that examines the effects of the racial
wealth disparity on Black residents in this Commonwealth and
provide policy recommendations on how to best reduce or
eliminate the racial wealth disparity in this Commonwealth.
WHEREAS, In 2023, it was reported that Black families, on
average, owned roughly 24ยข for every $1 of White family wealth;
and
WHEREAS, Many historical barriers and decades of
discrimination have led to numerous economic challenges that
still impact Black Americans to this day and this is evident in
the racial wealth disparity in the United States; and
WHEREAS, Studies show that the loss of Black wealth as a
result of slavery is an estimated $14 trillion in today's
dollars; and
WHEREAS, Jim Crow laws created economic barriers for Black
Americans by preventing access to quality housing, public
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