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HR 891 113th Congress House Finance and Financial Sector Adult education and literacy Education programs funding Elementary and secondary education Financial literacy Higher education Research administration and funding Teaching, teachers, curricula

Young Americans Financial Literacy Act

Introduced: February 28, 2013 Introduced by: Carson, André Democratic · Indiana See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 23, 2013
Referred to the Subcommittee on Higher Education and Workforce Training.
Apr 23, 2013
Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Feb 28, 2013
Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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.
Feb 28, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Young Americans Financial Literacy Act - Authorizes the Director of the Consumer Financial Protection Bureau (CFPB) 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.

What's happening now April 23, 2013

Referred to the Subcommittee on Higher Education and Workforce Training.

 Committees of jurisdiction 4