[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6403 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6403

To amend title II of the Workforce Investment Act of 1998 to establish 
financial literacy education programs for newly naturalized citizens of 
                           the United States.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 26, 2008

Ms. Eddie Bernice Johnson of Texas introduced the following bill; which 
          was referred to the Committee on Education and Labor

_______________________________________________________________________

                                 A BILL


 
To amend title II of the Workforce Investment Act of 1998 to establish 
financial literacy education programs for newly naturalized citizens of 
                           the United States.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Naturalized Citizens Assistance 
Act''.

SEC. 2. AMENDMENTS TO THE WORKFORCE INVESTMENT ACT OF 1998.

    (a) Financial Literacy Education.--Section 203 of the Workforce 
Investment Act of 1998 (20 U.S.C. 9202) is amended--
            (1) by redesignating paragraphs (8) through (18) as 
        paragraphs (9) through (19), respectively; and
            (2) by inserting after paragraph (7) the following:
            ``(8) Financial literacy education program for newly 
        naturalized citizens.--The term `financial literacy education 
        program for newly naturalized citizens' means a program of 
        instruction designed to help individuals, who have been 
        naturalized citizens of the United States for 12 months or 
        less, achieve financial literacy through basic instruction on 
        banking, retirement savings, acquiring and managing credit 
        (including credit cards), insurance, income taxes, long-term 
        financial planning, predatory lending, identity theft, and 
        other financial abuse schemes''.
    (b) Financial Literacy Education Programs.--Section 231(b) of such 
Act (20 U.S.C. 9241) is amended by adding at the end the following:
            ``(4) financial literacy education programs for newly 
        naturalized citizens''.
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