H.R.486

Young Americans Financial Literacy Act

Introduced·1/16/25
Introduced

H. R. 486

Introduced in House · March 25, 2025

January 16, 2025

Mr. Carson (for himself, Mr. Amo, Ms. Barragán, Ms. Brown, Mr. Carter of Louisiana, Mr. Case, Mr. Casten, Mr. Cohen, Ms. Dean of Pennsylvania, Mr. Espaillat, Mr. Evans of Pennsylvania, Mrs. Hayes, Ms. Norton, Mr. Johnson of Georgia, Mr. Magaziner, Mr. McGovern, Mrs. McIver, Mrs. Ramirez, Ms. Sánchez, Ms. Scholten, Mr. Soto, Mr. Thanedar, Ms. Titus, and Mr. Torres of New York) introduced the following bill; which was referred 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

A BILL

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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Young Americans Financial Literacy Act”.