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HR 3147 111th Congress House

Young Adults Financial Literacy Act

Official title: To establish a grant program in the Department of the Treasury to fund the establishment of centers of excellence to support research, development and planning… Show full official titleShow less

Official title: To establish a grant program in the Department of the Treasury to fund the establishment of centers of excellence to support research, development and planning, implementation, and evaluation of effective programs in financial literacy education for young adults and families ages 15-24 years old, and for other purposes.

Introduced: March 3, 2010 Introduced by: Carson, André Democratic · Indiana See on congress.gov
Finance and Financial Sector Adult education and literacyEducation programs fundingElementary and secondary educationFinancial literacy
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Higher educationResearch administration and fundingTeaching, 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 9, 2009
Referred to House Education and Labor
Jul 9, 2009
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 9, 2009
Referred to House Financial Services
Jul 9, 2009
Introduced in House
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 Latest action July 9, 2009

Referred to House Education and Labor

 Plain-English summary Congressional Research Service

Young Adults Financial Literacy Act - Authorizes the Secretary of the Treasury to make competitive grants to, and enter contracts 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 adults and families ages 15-24 years old.

Defines "eligible institution" as any partnership consisting of an institution of higher education and any of the following: (1) one or more local educational agencies; (2) a nonprofit agency, organization, or association; (3) a community-based organization; or (4) a financial institution.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 11
All 11 Democratic 10
D
Meeks, Gregory W.
New York · Mar 3, 2010
 D
Norton, Eleanor Holmes
District of Columbia · Mar 3, 2010
 D
Kaptur, Marcy
Ohio · Nov 17, 2009
 D
Himes, James A.
Connecticut · Jul 31, 2009
 D
Cleaver, Emanuel
Missouri · Jul 29, 2009
 D
Schakowsky, Janice D.
Illinois · Jul 17, 2009
 D
Schiff, Adam B.
California · Jul 14, 2009
 D
Titus, Dina
Nevada · Jul 14, 2009
 D
Moore, Gwen
Wisconsin · Jul 9, 2009
Sestak, Joe
· Jul 9, 2009
 D
Waters, Maxine
California · Jul 9, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3147: Young Adults Financial Literacy Act. 111th Congress. Open America. https://openamerica.io/bill/111-HR-3147/
MLA
"H.R. 3147: Young Adults Financial Literacy Act." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-3147/.
Bluebook (legal)
H.R. 3147, 111th Cong. (2026), https://openamerica.io/bill/111-HR-3147/.
Markdown link
[H.R. 3147: Young Adults Financial Literacy Act](https://openamerica.io/bill/111-HR-3147/)
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