H.R. 3520 · 108th Congress
Strategy for Assuring Financial Empowerment Act
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Strategy for Assuring Financial Empowerment Act - SAFE Act - Directs the President to develop a national strategy for financial education, the Strategy for Assuring Financial Empowerment (SAFE strategy), acting through the Secretary of the Treasury and the Office of Financial Education in the Department of the Treasury.
What it does: CRS summary · Introduced in House · Nov 19, 2003
Strategy for Assuring Financial Empowerment Act - SAFE Act - Directs the President to develop a national strategy for financial education, the Strategy for Assuring Financial Empowerment (SAFE strategy), acting through the Secretary of the Treasury and the Office of Financial Education in the Department of the Treasury.
Requires the SAFE strategy to: (1) address certain issues; and (2) be developed and transmitted to Congress annually, along with policy effectiveness reports. Requires the first SAFE strategy to contain recommendations and a proposal for forming a Financial Literacy and Education Working Group. Directs the Secretary of the Treasury to chair the Working Group and to consult with the Secretary of Housing and Urban Development and with other officials of specified Federal, State, local, and private entities in developing the SAFE strategy.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Strategy for Assuring Financial Empowerment Act
Also known as: SAFE Act
Latest action (Dec 2, 2003): Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Nov 19, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.