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S. 853 · 112th Congress

Financial Literacy for Students Act of 2011

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

KHD HaganSponsor
2 cosponsors · 2 D

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

Financial Literacy for Students Act of 2011 - Amends the Elementary and Secondary Education Act of 1965 to authorize the Secretary of Education to award grants to states to: (1) integrate financial literacy and entrepreneurship education into their public middle and secondary schools, and (2) provide training to financial literacy or entrepreneurship…

What it does: CRS summary · Introduced in Senate · Apr 14, 2011

Financial Literacy for Students Act of 2011 - Amends the Elementary and Secondary Education Act of 1965 to authorize the Secretary of Education to award grants to states to: (1) integrate financial literacy and entrepreneurship education into their public middle and secondary schools, and (2) provide training to financial literacy or entrepreneurship teachers in such schools.

Authorizes the Secretary to award grants to local educational agencies (LEAs) for the provision of financial literacy and entrepreneurship training and assistance to parents and students. Directs the Secretary to encourage LEA grantees to: (1) partner with community organizations, financial institutions, or local businesses or entrepreneurs when implementing such program; and (2) find connections and foster mentorships between classroom-based programs and the local business and entrepreneurship community, where appropriate.

Requires the Director of the Bureau of Consumer Financial Protection to coordinate the activities funded under this Act with the activities carried out by any financial education research center operated by a Federal Reserve bank.

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

About this bill and sources

Official title: Financial Literacy for Students Act of 2011

Latest action (Apr 14, 2011): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Policy area: Education · Origin: Senate · Introduced: Apr 14, 2011

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

No recorded floor vote found.