HR 1866 114th 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: April 16, 2015 Introduced by: Carson, André Democratic · Indiana See on congress.gov

Everywhere this bill has been 5 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Nov 16, 2015

Referred to the Subcommittee on Higher Education and Workforce Training.

Nov 16, 2015

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

Apr 16, 2015

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.

Apr 16, 2015

Sponsor introductory remarks on measure. (CR E520-521)

Apr 16, 2015

Introduced in House

Plain-English summary Congressional Research Service

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.

What's happening now November 16, 2015

Referred to the Subcommittee on Higher Education and Workforce Training.

Committees of jurisdiction 4