H.R.891 - Young Americans Financial Literacy Act

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. view all titles (2)

All Bill Titles

  • Official: 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. as introduced.
  • Short: Young Americans Financial Literacy Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
02/28/13
 
 
 
 
 
 
 

Official Summary

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, implementatio

Official Summary

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. Limits the aggregate amount of grants made under this Act during any fiscal year. Sunsets the grant program at the end of FY2018. Defines \"eligible institution\" 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.

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