H.R. 1866 · 114th Congress
Young Americans Financial Literacy Act
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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CarsonSponsor24 cosponsors · 24 D
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Hastings
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Scott21 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Authorizes the Director of the Consumer Financial Protection Bureau to make competitive grants to, and enter agreements with, eligible institutions to establish centers of excellence to support research, development and planning, implementation, and evaluation of effective programs in financial literacy education for young people and families ages 8-24…
What it does: CRS summary · Introduced in House · Apr 16, 2015
Young Americans Financial Literacy Act
Authorizes the Director of the Consumer Financial Protection Bureau to make competitive grants to, and enter agreements with, eligible institutions to establish centers of excellence to support research, development and planning, implementation, and evaluation of effective programs in financial literacy education for young people and families ages 8-24 years old.
Limits the aggregate amount of grants made under this Act during any fiscal year. Sunsets the grant program at the end of FY2018.
Defines "eligible institution" as a partnership of two or more of the following: (1) an institution of higher education; (2) a local educational agency; (3) a nonprofit agency, organization, or association; or (4) a financial institution.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Young Americans Financial Literacy Act
Latest action (Nov 16, 2015): Referred to the Subcommittee on Higher Education and Workforce Training.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 16, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.