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committee concerned.",486,"in_committee",2,"finance and financial sector","2026-07-17T23:30:02Z","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.",[39,48],{"name":40,"systemCode":41,"chamber":16,"activities":42,"subcommittees":46,"type":47},"Education and Workforce Committee","hsed00",[43],{"name":44,"date":45},"Referred To","2025-01-16T14:05:15Z",[],"Standing",{"name":49,"systemCode":50,"chamber":16,"activities":51,"subcommittees":54,"type":47},"Financial Services 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in House","\u003Cp>\u003Cstrong>Young Americans Financial Literacy Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>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.\u003C\u002Fp>\u003Cp>An \u003Cem>eligible institution\u003C\u002Fem> is a partnership among two or more of the following:\u003C\u002Fp>\u003Cul>\u003Cli>an institution of higher education;\u003C\u002Fli>\u003Cli>a state or local government agency specializing in financial education;\u003C\u002Fli>\u003Cli>a nonprofit agency, organization, or association;\u003C\u002Fli>\u003Cli>a financial institution; or\u003C\u002Fli>\u003Cli>another small organization.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>Authorized grant funded activities shall include\u003C\u002Fp>\u003Cul>\u003Cli>developing and implementing comprehensive, research based, financial-literacy education programs for young people;\u003C\u002Fli>\u003Cli>developing and supporting the delivery of professional development programs in financial literacy education;\u003C\u002Fli>\u003Cli>developing educational programs to reduce student loan default rates; and\u003C\u002Fli>\u003Cli>conducting ongoing research and evaluation of financial literacy education programs.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>The grant program shall terminate after FY2029.\u003C\u002Fp>","2025-04-02T17:55:42Z",[275,281,287,293,299,304,310,315,321,326,331,335,341,345,349,353,357,362,367,372,377,382,386,390,395,400,405,410,414,418,421,425,429,433,436,439,443,447,451,455,459,462,465,469,472,475,478,481,485,489],{"bioguideId":276,"fullName":277,"party":13,"state":278,"district":279,"sponsorshipDate":280,"isOriginalCosponsor":18,"withdrawn":18,"sponsorshipWithdrawnDate":3},"K000391","Rep. 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