Youth Financial Education Act

Referred to the Subcommittee on Education Reform.

Congressional Research Service

Official summary

Version 00 · Introduced in House · Jan 3, 2001

Youth Financial Education Act - Amends the Elementary and Secondary Education Act of 1965 to authorize the Secretary of Education to allot grants to State educational agencies to provide funds to local educational agencies and public schools for personal financial literacy education programs for students in kindergarten through grade 12, and for professional development programs to prepare teachers and administrators for such financial education.Directs the Secretary to make a grant to or contract with an entity with substantial financial education experience for a national clearinghouse for instructional materials and information on model financial education programs and best practices.

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People & committees

Who introduced it

Rep. Dreier, David [R-CA-28] · R–CA

Committees

Education and Workforce Committee

15 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Mar 2, 2001
Referred to the Subcommittee on Education Reform.
Jan 3, 2001
Referred to the House Committee on Education and the Workforce.
Jan 3, 2001
Introduced in House
Jan 3, 2001
Introduced in House

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in House · Jan 3, 2001 Formatted Text PDF

Related bills identified by Congress.gov

S 807 · Youth Financial Education Act

Source last updated: Mar 23, 2026. Consult Congress.gov for the current record.

AI Conversation Starters

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Neutral evidence review

Objective

Analyze H.R.61 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss H.R.61, 107th Congress: Youth Financial Education Act

Official record: https://www.congress.gov/bill/107th-congress/house-bill/61

Text version to examine: Introduced in House · 2001-01-03.

Official full text: https://www.congress.gov/107/bills/hr61/BILLS-107hr61ih.htm

Imported record last updated by the source: 2026-03-23T12:35:20Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze H.R.61 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine H.R.61 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

View full prompt & sources

Discuss H.R.61, 107th Congress: Youth Financial Education Act

Official record: https://www.congress.gov/bill/107th-congress/house-bill/61

Text version to examine: Introduced in House · 2001-01-03.

Official full text: https://www.congress.gov/107/bills/hr61/BILLS-107hr61ih.htm

Imported record last updated by the source: 2026-03-23T12:35:20Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.61 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine H.R.61 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss H.R.61, 107th Congress: Youth Financial Education Act

Official record: https://www.congress.gov/bill/107th-congress/house-bill/61

Text version to examine: Introduced in House · 2001-01-03.

Official full text: https://www.congress.gov/107/bills/hr61/BILLS-107hr61ih.htm

Imported record last updated by the source: 2026-03-23T12:35:20Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.61 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine H.R.61 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss H.R.61, 107th Congress: Youth Financial Education Act

Official record: https://www.congress.gov/bill/107th-congress/house-bill/61

Text version to examine: Introduced in House · 2001-01-03.

Official full text: https://www.congress.gov/107/bills/hr61/BILLS-107hr61ih.htm

Imported record last updated by the source: 2026-03-23T12:35:20Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.61 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.