,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #efbi  ,,in ,,the ,,house ,,of  
,,representatives  ,january #af1        
#bjbj,mr4 ,budd 7for himself and ,mr4   
,bishop of ,north ,carolina7 introduced 
the following bill2 which was referred  
to the ,committee on ,education and     
,labor  ,a ,,bill  ,to amend the        
,elementary and ,secondary ,education   
,act of #aife to provide classes on     
financial literacy to elementary and    
secondary students1 and for other       
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,financial ,literacy
 ,improvement for ,professionals ,act of
 #bjbj or the ,,flip ,act4  #b4 ,use of 
grant funds to improve financial        
literacy  7a7 ,educator development     
regarding financial literacy ,section   
#bbdb7;a7 of the ,elementary and        
,secondary ,education ,act of #aife 7#bj
 ,u4,s4,c4 #ffgb7;a77 is amended--  7#a7
 in paragraph 7#d71 by striking or at   
the end2  7#b7 in paragraph 7#e71 by    
striking the period at the end and      

inserting 2 or2 and  7#c7 by adding at  
the end the following new paragraph3    
7#f7 providing teachers with            
professional development activities that
 enhance or enable the provision of     
financial literacy coursework covering  
topics that include personal finances1  
responsible borrowing1 managing interest
 on debt1 credit scores1 and setting up 
a bank account1 across a local          
educational agency4  4  7b7 ,specifying 
scope of financial literacy ,section    
#dajg7;a77#c77;,a7 of the ,elementary   
and ,secondary ,education ,act of #aife 
7#bj ,u4,s4,c4 #gaag7;a77#c77;,a77 is   
amended--  7#a7 in clause 7ii71 by      
striking and at the end2  7#b7 in clause
 7iii71 by striking and ,federal        
financial aid awareness activities2 and 
inserting the following3 courses        
providing instruction on debt           
management1 managing interest on debt1  
credit scores1 setting a personal       
budget1 opening a checking and savings  
account at a bank1 and alternative      

banking methods2 and2 and  7#c7 by      
adding at the end the following new     
clause3  7iv7 ,federal financial aid    
awareness activities2  4  #c4 ,effective
 date ,the amendments made by section #b
 shall apply on ,december #a1 #bjbj4