H.R.3147 - Young Adults Financial Literacy Act111th Congress (2009-2010)
|Sponsor:||Rep. Carson, Andre [D-IN-7] (Introduced 07/09/2009)|
|Committees:||House - Financial Services; Education and Labor|
|Latest Action:||House - 07/09/2009 Referred to House Education and Labor (All Actions)|
This bill has the status Introduced
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Summary: H.R.3147 — 111th Congress (2009-2010)All Information (Except Text)
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.