Family Impact Statement Act of 1988

Family Impact Statement Act of 1988 - Requires congressional committees to prepare family impact statements to accompany each report of a bill or joint resolution that would affect families in the United States.

Amends the Congressional Budget Act of 1974 to require the Congressional Budget Office to assist congressional committees in the preparation of such statements at the request of the committee.

Requires each Executive agency to: (1) utilize a systematic, interdisciplinary approach that ensures the integrated use of the economic and social sciences in planning and decisionmaking that may affect families; (2) identify and develop methods and procedures that will ensure that such agency gives appropriate consideration to any potential effect of proposed actions, decisions, and activities of such agency on families; and (3) include a family impact statement in every recommendation or report on a proposal for legislation or other major Federal action which significantly affects families.

Requires each Executive agency to report to the President, the Speaker of the House, and the President pro tempore of the Senate on a review of how its statutory authorities, rules, policies, or procedures affect families in the United States.