To require the Financial Literacy and Education Commission to carry out a study on the impact of language barriers to financial health, to require the website and toll-free telephone number of the Commission to be provided in the most commonly spoken languages in the United States, and for other purposes.
About This Bill
Committee
Latest Action · April 25, 2023
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.
Multilingual Financial Literacy Act
This bill requires the Financial Literacy and Education Commission to translate financial literacy information to different languages. The commission must also report on the impact of language barriers on financial health.
The bill also requires additional information in the commission's annual report, including a summary of the commission's efforts to increase financial literacy across all member agencies.
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