3.0.0 2671 2020-02-10T17:01:58Z 2020-02-10T17:01:58Z Senate S S 2008-02-27 110 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2008-02-27T17:43:54Z Financial Literacy Improvement Act of 2008 110 7289 HR 2008-11-19 Referred to the House Committee on Education and Labor. Identical bill CRS 2008-02-27 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2008-02-27 Introduced in Senate IntroReferral 10000 9 Library of Congress M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA N Education Commerce Consumer education Economics and Public Finance Educational accountability Educational counseling Educational tests Elementary and secondary education Federal aid to education Finance and Financial Sector Financial services Government Operations and Politics Government publicity Higher education Nonprofit organizations Personal budgets Standards Student activities Teacher education Education 00 2008-02-27 Introduced in Senate 2008-04-09T15:53:52Z Financial Literacy Improvement Act of 2008 - Amends the Elementary and Secondary Education Act of 1965 to direct the Secretary of Education to award formula matching grants to states or partnerships between states and experienced nonprofit providers of financial literacy or personal finance education programs.

Requires grantees to use 25% of the grant funds to: (1) develop financial literacy standards and assessments for at least three grade levels; (2) create teacher training programs to embed financial literacy or personal finance education into core academic subjects; and (3) evaluate the impact such education has on students' financial literacy.

Requires the remaining grant funds to be used for subgrants to local educational agencies (LEAs) or partnerships between LEAs and community organizations, local businesses, or other educational entities to implement such financial literacy activities, including student assessments and teacher training.

Amends the Higher Education Act of 1965 to direct the Secretary to award competitive grants to institutions of higher education (IHEs) or partnerships between IHEs and experienced nonprofit providers of financial literacy or personal finance education programs for activities that increase student knowledge in consumer, economic, and personal financial concepts.

]]> Financial Literacy Improvement Act of 2008 Short Titles as Introduced Financial Literacy Improvement Act of 2008 Display Title Financial Literacy Improvement Act of 2008 Official Title as Introduced A bill to provide grants to promote financial literacy. Introduced in Senate 2008-02-27T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2671is/xml/BILLS-110s2671is.xml 2008-02-27 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.