Territories Statistics Collection Equity Act

This bill requires federal agencies to assess and improve data collection for U.S. territories (American Samoa, Guam, Puerto Rico, U.S. Virgin Islands, and the Northern Mariana Islands) to match the level of data collection provided for states. It mandates a 6-month assessment identifying gaps in current statistical programs, a 12-month implementation plan with cost estimates, and annual reports until fully implemented. By year four, federal agencies must standardize how they collect and publish statistics for territories, ensuring parity with states in areas like demographics and economic data. The bill directly affects territories by addressing historical disparities in federal data collection, which impacts funding allocation and policy decisions. It focuses on procedural changes to data systems, not direct policy or financial provisions.