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Committee approves resolution to study Black generational wealth disparities
Commerce Committee · April 28, 2026
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Summary
The Commerce Committee passed House Resolution 301 directing the LBFC to study racial wealth disparities affecting Black residents in the Commonwealth and report policy recommendations to the General Assembly; the measure passed 14–12 after Republicans voiced drafting concerns.
The Commerce Committee voted to approve House Resolution 301, which tasks the Legislative Budget and Finance Committee (LBFC) with conducting a study of racial wealth disparities affecting Black residents in the Commonwealth and reporting findings and policy recommendations to the…
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