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Financial Support for Individuals with Language Barriers

This act aims to facilitate access to financial information for individuals who are not fluent in English. It will make government financial resources available in multiple languages, helping citizens better manage their money and make informed financial decisions.
Key points
The government will study how language barriers affect access to financial education, credit scores, and homebuying.
The Financial Literacy and Education Commission's website and toll-free number will be available in at least 8 most commonly spoken languages in the U.S.
Federal agencies will coordinate efforts to make their financial materials available in multiple languages.
Annual reports will include analyses of financial literacy needs across various demographic groups, including those with language preferences.
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Expired
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Additional Information
Print number: 117_HR_8880
Sponsor: Rep. Garcia, Sylvia R. [D-TX-29]
Process start date: 2022-09-19
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Multilingual Financial Literacy Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8880.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-09-19.

What are the main provisions?

Key points include:

  • The government will study how language barriers affect access to financial education, credit scores, and homebuying.
  • The Financial Literacy and Education Commission's website and toll-free number will be available in at least 8 most commonly spoken languages in the U.S.
  • Federal agencies will coordinate efforts to make their financial materials available in multiple languages.
  • Annual reports will include analyses of financial literacy needs across various demographic groups, including those with language preferences.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Garcia, Sylvia R. [D-TX-29].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Education