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H.R. 300

BillFederalHouseIn Committee
Young Adults Financial Literacy Act
About This Bill
Committee
Latest Action · March 23, 2011
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Congress
112th (2011–2013)
Introduced
January 18, 2011
Cosponsors (48)
48D 0R
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Summary

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Young Adults Financial Literacy Act - Authorizes the Secretary of the Treasury to make competitive grants to, and enter contracts with, eligible institutions to establish centers of excellence to support research, development and planning, implementation, and evaluation of effective programs in financial literacy education for young adults and families ages 15-24 years old. Defines "eligible institution" as any partnership consisting of an institution of higher education and any of the following: (1) one or more local educational agencies; (2) a nonprofit agency, organization, or association; (3) a community-based organization; or (4) a financial institution.

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