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    <updateDate>2019-11-15T21:05:17Z</updateDate>
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    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mrs. McCARTHY of New York:H.R. 1918.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the powers granted to theCongress by Article I, Section 8, Clause 3 of the UnitedStates Constitution.[Page H3303]</pre>]]></constitutionalAuthorityStatementText>
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        <title>Financial and Economic Literacy Improvement Act of 2011</title>
        <congress>112</congress>
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        <text>Referred to the Subcommittee on Higher Education and Workforce Training.</text>
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        <fullName>Rep. McCarthy, Carolyn [D-NY-4]</fullName>
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        <state>NY</state>
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        <updateDate>2011-06-15T21:14:38Z</updateDate>
        <text><![CDATA[ <p>Financial and Economic Literacy Improvement Act of 2011 - 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.</p> <p>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.</p> <p>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. </p> <p>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 for activities that increase student knowledge in consumer, economic, and personal financial concepts.</p>]]></text>
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    <title>Financial and Economic Literacy Improvement Act of 2011</title>
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        <title>Financial and Economic Literacy Improvement Act of 2011</title>
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        <title>To provide grants to promote financial literacy.</title>
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        <date>2011-05-13T04:00:00Z</date>
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    <latestAction>
      <actionDate>2011-09-08</actionDate>
      <text>Referred to the Subcommittee on Higher Education and Workforce Training.</text>
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    <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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