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Promoting Financial Literacy for Students and Young Adults

This resolution encourages greater public-private collaboration to promote financial literacy among students and young adults. It aims to help citizens make informed decisions about budgeting, saving, debt management, and financial planning, which is crucial for their future financial stability.
Key points
Increased focus on financial education for young people to better handle financial decisions.
Support for programs that help minorities and women gain experience in the financial sector.
Encouraging further studies on the financial capabilities of U.S. citizens.
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Status:
Expired
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Additional Information
Print number: 118_HRES_392
Sponsor: Rep. Foster, Bill [D-IL-11]
Process start date: 2023-05-11
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Encouraging greater public-private sector collaboration to promote financial literacy for students and young adults.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HRES_392.

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 2023-05-11.

What are the main provisions?

Key points include:

  • Increased focus on financial education for young people to better handle financial decisions.
  • Support for programs that help minorities and women gain experience in the financial sector.
  • Encouraging further studies on the financial capabilities of U.S. citizens.
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. Foster, Bill [D-IL-11].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Education Economy