118 HR 4118 IH: Department of Defense Student Financial Literacy Act U.S. House of Representatives 2023-06-14 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.

I118th CONGRESS1st SessionH. R. 4118IN THE HOUSE OF REPRESENTATIVESJune 14, 2023Mr. Larsen of Washington (for himself, Mr. Kelly of Mississippi, and Ms. Slotkin) introduced the following bill; which was referred to the Committee on Armed 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 concernedA BILLTo include financial literacy education as a graduation requirement in high schools operated by the Department of Defense Education Activity.

1.

Short title

This Act may be cited as the Department of Defense Student Financial Literacy Act.

2.

Financial literacy education in schools operated by the Department of Defense Education Activity

(a)

In general

The Secretary of Defense, acting through the Director of the Department of Defense Education Activity, shall require that each student of a high school operated by the Activity complete a dedicated course of instruction in financial literacy as a prerequisite to graduating from such school. (b)

Applicability

The graduation requirement under subsection (a) shall apply with respect to students of high schools operated by the Department of Defense Education Activity beginning with the cohort of students who enter ninth grade in the first school year that begins one year after the date of the enactment of this Act. (c)

Definitions

In this Act, the term high school has the meaning given that term in section 8101 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 7801).