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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="891" measure-id="id113hr891" originChamber="HOUSE" orig-publish-date="2013-02-28" update-date="2013-04-04">
<title>Young Americans Financial Literacy Act</title>
<summary summary-id="id113hr891v00" currentChamber="HOUSE" update-date="2013-04-04">
<action-date>2013-02-28</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>Young Americans Financial Literacy Act - Authorizes the Director of the Consumer Financial Protection Bureau (CFPB) to make competitive grants to, and enter agreements with, eligible institutions to establish 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 8-24 years old.</p> <p>Limits the aggregate amount of grants made under this Act during any fiscal year. Sunsets the grant program at the end of FY2018.</p> <p>Defines &quot;eligible institution&quot; as a partnership of two or more of the following: (1) an institution of higher education; (2) a local educational agency; (3) a nonprofit agency, organization, or association; or (4) a financial institution.<br> </p>]]></summary-text>
</summary>
</item>
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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 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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