US HB1866 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 24-1)
Status: Introduced on April 16 2015 - 25% progression, died in committee
Action: 2015-11-16 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Young Americans Financial Literacy Act

Sponsors


History

DateChamberAction
2015-11-16HouseReferred to the Subcommittee on Higher Education and Workforce Training.
2015-11-16HouseReferred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
2015-04-16HouseReferred to House Education and the Workforce
2015-04-16HouseReferred to House Financial Services
2015-04-16HouseReferred 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.
2015-04-16HouseSponsor introductory remarks on measure. (CR E520-521)
2015-04-16HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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