3.0.0 638 2023-01-11T13:19:43Z 2023-01-11T13:19:43Z Senate S S 2009-03-19 111 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2009-03-19T14:10:24Z Financial and Economic Literacy Improvement Act of 2009 111 1645 HR 2009-05-14 Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education. Related bill CRS 2009-03-19 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2009-03-19 Sponsor introductory remarks on measure. (CR S3552-3553) IntroReferral B00100 9 Library of Congress 2009-03-19 Introduced in Senate IntroReferral 10000 9 Library of Congress M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA N C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2009-03-19 True K000373 Sen. Kaufman, Edward E. [D-DE] Edward Kaufman D DE E. 2009-03-19 True B001266 Sen. Burris, Roland [D-IL] Roland Burris D IL 2009-04-20 False K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2009-04-20 False H001016 Sen. Hutchison, Kay Bailey [R-TX] KAY HUTCHISON R TX BAILEY 2009-05-06 False H001049 Sen. Hagan, Kay R. [D-NC] Kay Hagan D NC R. 2009-06-10 False Education Academic performance and assessments Education programs funding Elementary and secondary education Financial literacy Government information and archives Higher education Teaching, teachers, curricula Education 00 2009-03-19 Introduced in Senate 2009-04-10T18:35:51Z Financial and Economic Literacy Improvement Act of 2009 - 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, experienced nonprofit providers of financial and economic literacy education, and experienced nonprofit providers of teacher training in such fields.

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

Directs the Secretary to maintain a Financial and Economic Literacy and Economic Education Clearinghouse of best practices, tools, and instructional materials that are aligned with voluntary nationally recognized curriculum standards in such areas.

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, experienced nonprofit providers of financial and economic literacy education, and experienced nonprofit providers of teacher training in such fields for activities that increase student knowledge in consumer, economic, and personal financial concepts.

]]> Financial and Economic Literacy Improvement Act of 2009 Display Title Financial and Economic Literacy Improvement Act of 2009 Official Title as Introduced A bill to provide grants to promote financial and economic literacy. Introduced in Senate IS Short Titles as Introduced Financial and Economic Literacy Improvement Act of 2009 Introduced in Senate 2009-03-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s638is/xml/BILLS-111s638is.xml 2009-03-19 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.