Department of Defense Student Financial Literacy Act

Bill: 118-hr-4118
Sponsor: full_name: Rep. Larsen, Rick [D-WA-2]
Introduced: 2023-06-14
Policy area: Armed Forces and National Security
Latest action: action_date: 2023-06-14
text: Referred to the Committee on Armed Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Summaries:

tv_txt: I 118th CONGRESS 1st Session H. R. 4118 IN THE HOUSE OF REPRESENTATIVES June 14, 2023 Mr. Larsen of Washington (for himself, Mr. Kelly of Mississippi , and Ms. Slotkin ) introduced the following bill; which was referred to the Committee on Armed Services , and in addition to the Committee on Education and the Workforce , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To include financial literacy education as a graduation requirement in high schools operated by the Department of Defense Education Activity.

1. Short title This Act may be cited as the Department of Defense Student Financial Literacy Act . 2. Financial literacy education in schools operated by the Department of Defense Education Activity (a) In general The Secretary of Defense, acting through the Director of the Department of Defense Education Activity, shall require that each student of a high school operated by the Activity complete a dedicated course of instruction in financial literacy as a prerequisite to graduating from such school. (b) Applicability The graduation requirement under subsection (a) shall apply with respect to students of high schools operated by the Department of Defense Education Activity beginning with the cohort of students who enter ninth grade in the first school year that begins one year after the date of the enactment of this Act. (c) Definitions In this Act, the term high school has the meaning given that term in section 8101 of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 7801 ).