Summary: H.R.3147 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.3147. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/09/2009)

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.