3.0.0 1538 2022-11-15T16:34:35Z 2022-11-15T16:34:35Z House H HR 2013-04-12 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. EDDIE BERNICE JOHNSON of Texas:H.R. 1538.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3 of the United StatesConstitution[Page H1992]]]> hsba00 Financial Services Committee House Standing Referred to 2013-04-12T14:01:10Z hswm00 Ways and Means Committee House Standing Referred to 2013-04-12T14:01:05Z 2013-04-12 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2013-04-12 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-04-12 Sponsor introductory remarks on measure. (CR E448-449) IntroReferral B00100 9 Library of Congress 2013-04-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-04-12 Introduced in House IntroReferral 1000 9 Library of Congress J000126 Rep. Johnson, Eddie Bernice [D-TX-30] EDDIE JOHNSON D TX BERNICE 30 N B000911 Rep. Brown, Corrine [D-FL-5] CORRINE BROWN D FL 5 2013-04-12 True C001072 Rep. Carson, Andre [D-IN-7] Andre Carson D IN 7 2013-04-12 True H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2013-04-12 True P000595 Rep. Peters, Gary C. [D-MI-14] Gary Peters D MI 14 2013-04-12 True V000132 Rep. Vela, Filemon [D-TX-34] Filemon Vela D TX 34 2013-04-17 False L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2013-05-21 False E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2013-05-23 False V000131 Rep. Veasey, Marc A. [D-TX-33] Marc Veasey D TX A. 33 2013-05-23 False S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2013-05-23 False W000808 Rep. Wilson, Frederica S. [D-FL-24] Frederica Wilson D FL S. 24 2013-05-23 False R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2013-05-23 False C001067 Rep. Clarke, Yvette D. [D-NY-9] Yvette Clarke D NY D. 9 2013-05-23 False F000455 Rep. Fudge, Marcia L. [D-OH-11] Marcia Fudge D OH L. 11 2013-05-23 False C000380 Del. Christensen, Donna M. [D-VI-At Large] DONNA CHRISTENSEN D VI M. 0 2013-05-23 False C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2013-05-23 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2013-05-23 False P000604 Rep. Payne, Donald M., Jr. [D-NJ-10] Donald Payne D NJ M. 10 2013-05-23 False J000294 Rep. Jeffries, Hakeem S. [D-NY-8] Hakeem Jeffries D NY S. 8 2013-05-23 False T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 2013-05-23 False R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2013-05-23 False W000207 Rep. Watt, Melvin L. [D-NC-12] MELVIN WATT D NC 12 2013-05-23 False R000588 Rep. Richmond, Cedric L. [D-LA-2] Cedric Richmond D LA L. 2 2013-05-23 False B001251 Rep. Butterfield, G. K. [D-NC-1] G. K. Butterfield D NC 1 2013-05-23 False S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2013-05-23 False J000288 Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4] Henry Johnson D GA C. "Hank" 4 2013-05-23 False S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2013-05-23 False C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2013-05-23 False C001090 Rep. Cartwright, Matt [D-PA-17] Matt Cartwright D PA 17 2014-09-18 False Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Consumer credit Credit and credit markets Department of the Treasury Employee benefits and pensions Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Financial literacy Financial services and investments Income tax credits National Credit Union Administration Small business Finance and Financial Sector 00 2013-04-12 Introduced in House 2013-05-10T18:46:20Z National Financial Literacy Act of 2013 - Amends the Community Reinvestment Act of 1977 to require federal financial supervisory agencies jointly to prescribe regulations establishing: (1) minimum standards to be met by a community-based financial literacy program in order to be eligible for consideration as a qualified community-based financial literacy program; (2) procedures for financial institutions to apply to a federal financial supervisory agency for approval of such a program; and (3) a requirement that financial institutions submit a regular report on how the institution supported and promoted financial literacy in its entire community, including low- and moderate-income neighborhoods.

Authorizes a federal financial supervisory agency to take an institution's direct support of a qualified community-based financial literacy program into account when it assesses the institution's record of meeting the community's credit needs.

Amends the Internal Revenue Code to allow a tax credit to small businesses for 35% of the expenses paid or incurred for providing qualified continuing financial education to their employees.

]]> National Financial Literacy Act of 2013 Display Title National Financial Literacy Act of 2013 Short Titles as Introduced National Financial Literacy Act of 2013 Official Title as Introduced To provide incentives to encourage financial institutions and small businesses to provide continuing financial education to customers, borrowers, and employees, and for other purposes. Introduced in House 2013-04-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1538ih/xml/BILLS-113hr1538ih.xml 2013-04-12 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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. 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.