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S. 923 · 109th Congress

TANF Financial Education Promotion Act of 2005

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

4 cosponsors · 4 D

4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

TANF Financial Education Promotion Act of 2005 - Amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act to require a State to specify in its State plan how it intends to establish goals and take action to promote financial education among parents and caretakers receiving TANF assistance through collaboration…

What it does: CRS summary · Introduced in Senate · Apr 27, 2005

TANF Financial Education Promotion Act of 2005 - Amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act to require a State to specify in its State plan how it intends to establish goals and take action to promote financial education among parents and caretakers receiving TANF assistance through collaboration with community-based organizations, financial institutions, and the Cooperative State Research, Education, and Extension Service of the Department of Agriculture.

Defines financial education as education that promotes an understanding of consumer, economic, and personal finance concepts, including the basic principles involved with earning, budgeting, spending, saving, investing, and taxation.

Designates financial education a work activity for TANF purposes.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: TANF Financial Education Promotion Act of 2005

Latest action (Apr 27, 2005): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4418-4419)

Policy area: Social Welfare · Origin: Senate · Introduced: Apr 27, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.