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HR 2012 111th Congress House

To promote youth financial education.

Introduced: November 16, 2009 See on congress.gov
Education Education programs fundingElementary and secondary educationFinancial literacyHigher educationTeaching, teachers, curricula
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2009
Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Apr 21, 2009
Referred to the House Committee on Education and Labor.
Apr 21, 2009
Introduced in House
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 Latest action May 21, 2009

Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

 Plain-English summary Congressional Research Service

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 the competitive award of a specified amount of the grant funds 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Meeks, Gregory W.
New York · Nov 16, 2009
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APA
U.S. Congress. (2026). H.R. 2012: To promote youth financial education.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-2012/
MLA
"H.R. 2012: To promote youth financial education.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-2012/.
Bluebook (legal)
H.R. 2012, 111th Cong. (2026), https://openamerica.io/bill/111-HR-2012/.
Markdown link
[H.R. 2012: To promote youth financial education.](https://openamerica.io/bill/111-HR-2012/)
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