,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hdhf  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,octob] #a1 #bjbj ,mr4
 ,gallagh] introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,education &
 ,labor  ,a ,,bill  ,to e/abli% a       
competitive grant program to increase   
f9ancial lit]acy in/ruction 9 elem5t>y  
s*ools & second>y s*ools4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,/ud5t  
,emp[]m5t & ,f9ancial ,lit]acy ,act4    
#b4 ,f9ancial lit]acy grant program  7a7
 ,9 g5]al ,! ,secret>y %all aw>d grants 
on a competitive basis to eligible      
entities = ! purposes ( promot+ new &   
exi/+ /rategies to exp&1 develop1       
implem5t1 evaluate1 & dissem9ate =      
volunt>y use innovative approa*es or    
pr(essional developm5t programs 9       
f9ancial lit]acy = elem5t>y s*ool &     
second>y s*ool /ud5ts1 t--  7#a7 %[     
pot5tial to improve /ud5t aw>5ess (     
p]sonal f9ance topics2  7#b7 %[ pot5tial
 to improve tea*+ ( su* topics1 includ+ 
by tra9+ tea*]s & in/ructors to tea* su*

 topics2 &  7#c7 demon/rate innovation1 
scalability1 acc\ntability1 & a focus on
 und]bank$ populations4  7b7            
,applications ,9 ord] to receive a grant
 "u ?is ,act1 an eligible entity %all   
submit an application to ! ,secret>y at 
su* "t & 9 su* mann]1 & conta9+ su*     
in=mation1 z ! ,secret>y may reasonably 
require4  7c7 ,program p]iods & div]sity
 ( projects  7#a7 ,grant p]iod ,a grant 
aw>d$ "u ?is ,act %all be aw>d$ = a     
p]iod ( n m ?an #c ye>s4  7#b7          
,reapplication ,9 a case 9 :i* an       
eligible entity submits an application  
"u subsection 7b71 & is n aw>d$ a grant 
"u ?is ,act--  7,a7 ! ,secret>y %all    
provide to su* eligible entity-- 7i7 an 
explanation = ! d5ial ( su* grant2 &    
7ii7 any sugge/ions = improvem5ts to !  
application ! eligible entity %\ld make 
to be eligible = su* a grant2 &  7,b7 ! 
eligible entity may resubmit su*        
application aft] receipt ( !            
explanations & sugge/ions "u subp>agraph
 7,a74  7#c7 ,r5ewal ,! ,secret>y may   

r5ew a grant aw>d$ "u ?is ,act = "o     
additional #b-ye> p]iod = an eligible   
entity t demon/rates ! success ( !      
program fund$ "u ! grant1 su* z ?r\gh   
/ud5t1 p>5t1 tea*] or satisfaction1 or  
program efficacy4  7#d7 ,priority ,9    
aw>d+ grants "u ?is ,act1 ! ,secret>y   
%all aw>d grants to eligible entities t 
w use ! grant to provide programs t     
acc\nt = div]se /ud5t & community ne$s1 
includ+ any ne$ = electronic & writt5   
mat]ials1 broadb& or connectivity1      
multiple languages1 & assi/ance = /ud5ts
 ) disabilities4  7#e7 ,div]sity (      
projects ,9 aw>d+ grants "u ?is ,act1 ! 
,secret>y %all ensure t1 to ! ext5t     
practicable1 grants are di/ribut$ among 
eligible entities t w s]ve-- 7,a7       
geographically div]se areas1 includ+    
urban1 suburban1 & rural areas2 &  7,b7 
div]se types ( elem5t>y s*ools &        
second>y s*ools4  #c4 ,def9itions ,9 ?is
 ,act3  7#a7 ,elem5t>y s*ool ,! t]m     
elem5t>y s*ool has ! mean+ giv5 su* t]m 
9 section #haja ( ! ,elem5t>y &         

,second>y ,education ,act ( #aife 7#bj  
,u4,s4,c4 #ghja7ai771 & includes a home 
s*ool t provides elem5t>y education1 z  
su* t]ms are def9$ "u ,/ate law4  7#b7  
,eligible entity  7,a7 ,9 g5]al ,! t]m  
eligible entity means an entity--  7i7 )
 demon/rat$ exp]tise 9 ! developm5t (   
/rategies design$ to improve und]/&+ (  
p]sonal f9ance topics among elem5t>y    
s*ool or second>y s*ools /ud5ts2 &  7ii7
 t may be 9 a p>tn]%ip ) a community    
gr\p1 f9ancial in/itution1 or ano!r     
educational entity4  7,b7 ,demon/rat$   
exp]tise ,9 ?is p>agraph1 ! t]m         
demon/rat$ exp]tise includes exp]tise   
demon/rat$ ?r\gh po/-program p]=mance   
data 7su* z po/-program review by p>5ts1
 tea*]s1 & /ud5ts t %[s demon/rat$ le>n+
 & efficacy ( program1 & po/-program    
/ud5t "w-product t demon/rates real     
le>n+74  7#c7 ,p]sonal f9ance topics ,! 
t]m p]sonal f9ance topics includes bank 
acc\nts1 cr$it union acc\nts1 cr$it &   
debit c>ds1 onl9e bank+1 mobile paym5t  
s]vices1 /ud5t loans1 taxes1 mortgages1 

cr$it reports1 debt managem5t1 inve/+1  
l5d+1 retirem5t plann+1 trade-(fs1 ! p[]
 ( comp\nd int]e/1 & sav+4  7#d7        
,second>y s*ool ,! t]m second>y s*ool   
has ! mean+ giv5 su* t]m 9 section #haja
 ( ! ,elem5t>y & ,second>y ,education   
,act ( #aife 7#bj ,u4,s4,c4 #ghja7de771 
& includes a home s*ool t provides      
second>y education1 z su* t]ms are def9$
 "u ,/ate law4  7#e7 ,secret>y ,! t]m   
,secret>y means ! ,secret>y (           
,education4