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    <number>2012</number>
    <updateDate>2023-01-11T13:19:33Z</updateDate>
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    <originChamber>House</originChamber>
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    <introducedDate>2009-04-21</introducedDate>
    <congress>111</congress>
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            <systemCode>hsed14</systemCode>
            <name>Early Childhood, Elementary, and Secondary Education Subcommittee</name>
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                <name>Referred to</name>
                <date>2009-05-21T15:19:19Z</date>
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        <text>Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.</text>
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        <actionDate>2009-04-21</actionDate>
        <text>Referred to the House Committee on Education and Labor.</text>
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        <bioguideId>P000149</bioguideId>
        <fullName>Rep. Payne, Donald M. [D-NJ-10]</fullName>
        <firstName>DONALD</firstName>
        <lastName>PAYNE</lastName>
        <party>D</party>
        <state>NJ</state>
        <middleName>M.</middleName>
        <district>10</district>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>M001137</bioguideId>
        <fullName>Rep. Meeks, Gregory W. [D-NY-6]</fullName>
        <firstName>GREGORY</firstName>
        <lastName>MEEKS</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>W.</middleName>
        <district>6</district>
        <sponsorshipDate>2009-11-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Education</name>
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          <name>Education programs funding</name>
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          <name>Elementary and secondary education</name>
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        <item>
          <name>Financial literacy</name>
        </item>
        <item>
          <name>Higher education</name>
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        <item>
          <name>Teaching, teachers, curricula</name>
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      <policyArea>
        <name>Education</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2009-04-21</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2009-05-22T14:01:16Z</updateDate>
        <text><![CDATA[ <p> Amends title VI (Flexibility and Accountability) of the Elementary and Secondary Education Act of 1965 (ESEA) to create a new Part D: Promoting Youth Financial Literacy. </p> <p>Allows the Secretary of Education to provide grants to states to: (1) assist local educational agencies and public schools provide financial education programs to students in kindergarten through grade 12; and (2) implement financial education professional development programs for teachers and administrators. Requires the competitive award of a specified amount of the grant funds each fiscal year, with the remainder provided to each state on the basis of its share of students in kindergarten through grade 12.</p> <p>Directs the Secretary to make a grant to or contract with an institution of higher education or nonprofit organization that has substantial financial education experience to establish and operate a national clearinghouse of instructional materials and information on model financial education programs and best practices.</p> <p>Amends title V of the ESEA to direct the Secretary to set aside 2% of the funds appropriated for the Fund for the Improvement of Education program each fiscal year for financial literacy activities under such program.</p>]]></text>
      </summary>
    </summaries>
    <title>To promote youth financial education.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>To promote youth financial education.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To promote youth financial education.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced for portions of this bill</titleType>
        <title>Youth Financial Education Act</title>
      </item>
    </titles>
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        <type>Introduced in House</type>
        <date>2009-04-21T04:00:00Z</date>
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    <latestAction>
      <actionDate>2009-05-21</actionDate>
      <text>Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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