HOUSE 486119th CongressMotion to Discharge Committee filed by Mr. Fitzpatrick. Petition No: 119-12. (<a href="https://clerk.house.gov/DischargePetition/2025121012">Discharge petition</a> text with signatures.)
Providing for consideration of the bill (H.R. 3001) to advance commonsense priorities.
- Last Action
- 12/10/2025
Actions
- 2025-01-16Referred to the Committee on Financial Services, and in addition to the Committee on Education and 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.
- 2025-01-16Referred to the Committee on Financial Services, and in addition to the Committee on Education and 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.
- 2025-01-16Introduced in House
- 2025-01-16Sponsor introductory remarks on measure. (CR E40)
- 2025-01-16Introduced in House
CRS Summary
As of 2025-01-16 (00)
Young Americans Financial Literacy Act
This bill requires the Consumer Financial Protection Bureau to award competitive grants to eligible institutions for the establishment of 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 state or local government agency specializing in financial education;
- a nonprofit agency, organization, or association;
- a financial institution; or
- another small organization.
Authorized grant funded activities shall include
- developing and implementing comprehensive, research based, financial-literacy education programs for young people;
- developing and supporting the delivery of professional development programs in financial literacy education;
- developing educational programs to reduce student loan default rates; and
- conducting ongoing research and evaluation of financial literacy education programs.
The grant program shall terminate after FY2029.
Cosponsors (20)
- Gabe Amo (D-RI)
- Nanette Barragán (D-CA)
- Shontel Brown (D-OH)
- Troy Carter (D-LA)
- Ed Case (D-HI)
- Sean Casten (D-IL)
- Steve Cohen (D-TN)
- Madeleine Dean (D-PA)
- Adriano Espaillat (D-NY)
- Dwight Evans (D-PA)
- Jahana Hayes (D-CT)
- Eleanor Norton (D-DC)
- Henry Johnson (D-GA)
- Seth Magaziner (D-RI)
- James McGovern (D-MA)
- LaMonica McIver (D-NJ)
- Delia Ramirez (D-IL)
- Linda Sánchez (D-CA)
- Hillary Scholten (D-MI)
- Darren Soto (D-FL)
Sourced from Congress.gov (public domain).
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