3.0.0 2674 2023-01-11T13:36:38Z 2023-01-11T13:36:38Z House HR 2017-05-25 115 [Congressional Record Volume 163, Number 91 (Thursday, May 25, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CARSON of Indiana:H.R. 2674.Congress has the power to enact this legislation pursuantto the following:Clause 18 of section 8 of Article I of the Constitution.[Page H4608]]]> hsed00 Education and the Workforce Committee House Standing Referred to 2017-05-25T13:05:20Z hsba00 Financial Services Committee House Standing Referred to 2017-05-25T13:05:15Z 2017-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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 hsed00 Education and the Workforce Committee 2017-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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-A 9 Library of Congress 2017-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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 2017-05-25 Sponsor introductory remarks on measure. (CR E733) IntroReferral B00100 9 Library of Congress 2017-05-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-05-25 Introduced in House IntroReferral 1000 9 Library of Congress C001072 Rep. Carson, Andre [D-IN-7] Andre Carson D IN 7 N Finance and Financial Sector Adult education and literacy Education programs funding Elementary and secondary education Financial literacy Higher education Research administration and funding Teaching, teachers, curricula Finance and Financial Sector 00 2017-05-25 Introduced in House 2017-09-19T11:24:06Z Young Americans Financial Literacy Act

This bill requires the Consumer Financial Protection Bureau to award competitive grants to eligible institutions for the establishment of centers of excellence to support research, development, implementation, and evaluation of effective financial-literacy education programs for young people and families. An "eligible institution" is a partnership among two or more of the following:

  • an institution of higher education;
  • a local educational agency;
  • a nonprofit agency, organization, or association; or
  • a financial institution.

Authorized grant-funded activities shall include:

  • developing and implementing comprehensive, research-based, financial-literacy education programs for young people;
  • designing instructional materials;
  • developing and supporting the delivery of professional-development programs in financial-literacy education;
  • improving access to, and dissemination of, financial-literacy information for young people and families;
  • developing educational programs to reduce student-loan default rates;
  • conducting ongoing research and evaluation of financial-literacy education programs; and
  • measuring the effectiveness of authorized activities.

The grant program shall terminate after FY2019.

]]> Young Americans Financial Literacy Act Display Title Young Americans Financial Literacy Act Official Title as Introduced To establish a grant program in the Bureau of Consumer Financial Protection to fund the establishment of centers of excellence to support research, development and planning, implementation, and evaluation of effective programs in financial literacy education for young people and families ages 8 through 24 years old, and for other purposes. Introduced in House IH Short Titles as Introduced Young Americans Financial Literacy Act Introduced in House 2017-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2674ih/xml/BILLS-115hr2674ih.xml 2017-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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.