PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Committee on Financial 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 concerned.
Congressional Research Service
Version 00 · Introduced in House · May 25, 2017
Young Americans Financial Literacy Act
This bill requires the Consumer Financial Protection Bureau to award competitive grants to eligible institutions for the establishment of centers of excellence to support research, development, implementation, and evaluation of effective 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;
Showing the opening paragraphs of the official summary.
a local educational agency;
a nonprofit agency, organization, or association; or
a financial institution.
Authorized grant-funded activities shall include:
developing and implementing comprehensive, research-based, financial-literacy education programs for young people;
designing instructional materials;
developing and supporting the delivery of professional-development programs in financial-literacy education;
improving access to, and dissemination of, financial-literacy information for young people and families;
developing educational programs to reduce student-loan default rates;
conducting ongoing research and evaluation of financial-literacy education programs; and
measuring the effectiveness of authorized activities.
The grant program shall terminate after FY2019.
People & committees
Rep. Carson, André [D-IN-7] · D–IN
Legislative record
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Referred to the Committee on Financial 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 concerned.
Referred to the Committee on Financial 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 concerned.
Referred to the Committee on Financial 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 concerned.
Sponsor introductory remarks on measure. (CR E733)
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 11, 2025. Consult Congress.gov for the current record.
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