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H.R. 4335 · 110th Congress

To promote youth financial education.

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

DPD PayneSponsor
97 cosponsors · 97 D
SBD Bishop CBD Brown GKD Butterfield JCD Carson DCD Christensen JCD Clyburn JCD Conyers ECD Cummings JCD Crowley WCD Clay ECD Cleaver YCD Clarke SCD Cohen DDD Davis BDD Delahunt ADD Davis KED Ellison CFD Fattah LGD Gutiérrez RGD Grijalva AHD Hastings RHD Hinojosa MHD Honda BHD Higgins SJD Jackson Lee WJD Jefferson EJD Johnson JJD Jackson SJD Jones HJD Johnson CKD Kilpatrick DKD Kucinich JLD Lewis BLD Lee CMD McCarthy JMD McGovern JMD Moran GMD Meeks KMD Meek GMD Moore END Norton SOD Ortiz EPD Pastor CRD Rangel LRD Roybal-Allard BRD Rush LSD Sanchez BSD Scott JSD Serrano HSD Solis LSD Sánchez DSD Scott ASD Sires JTD Tanner BTD Thompson JTD Tierney ETD Towns NVD Velázquez MWD Waters MWD Watt LWD Woolsey AWD Wynn DWD Watson PHD Hare MKD Kaptur SRD Reyes JSD Schakowsky ASD Schwartz JCD Courtney AGD Green BMD Miller CRD Ruppersberger JSD Sestak BSD Sutton EBD Blumenauer MHD Hinchey BMD McCollum RBD Brady AWD Weiner CSD Shea-Porter EFD Faleomavaega BFD Filner JBD Baca TRD Ryan ASD Schiff ACD Carson MCD Capuano SFD Farr JND Nadler SLD Lynch TAD Allen LBD Boswell SID Israel RWD Wexler JBD Barrow BFD Foster TBD Bishop

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

Amends title VI (Flexibility and Accountability) of the Elementary and Secondary Education Act of 1965 (ESEA) to create a new Part D: Promoting Youth Financial Literacy.

What it does: CRS summary · Introduced in House · Dec 6, 2007

Amends title VI (Flexibility and Accountability) of the Elementary and Secondary Education Act of 1965 (ESEA) to create a new Part D: Promoting Youth Financial Literacy.

Allows the Secretary of Education to provide grants to states to: (1) assist local educational agencies and public schools provide financial education programs to students in kindergarten through grade 12; and (2) implement financial education professional development programs for teachers and administrators. Requires a specified amount of the grant funds to be awarded competitively each fiscal year, with the remainder provided to each state on the basis of its share of students in kindergarten through grade 12.

Directs the Secretary to make a grant to or contract with an institution of higher education or nonprofit organization that has substantial financial education experience to establish and operate a national clearinghouse of instructional materials and information on model financial education programs and best practices.

Amends title V of the ESEA to direct the Secretary to set aside 2% of the funds appropriated for the Fund for the Improvement of Education program each fiscal year for financial literacy activities under such program.

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

About this bill and sources

Official title: To promote youth financial education.

Latest action (Feb 5, 2008): Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

Policy area: Education · Origin: House · Introduced: Dec 6, 2007

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

No recorded floor vote found.