Congress·In Committee·H.Res. 1238

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

Financial Literacy: Support for Student Education

2 months ago·View on Congress.gov·Read full text

This bill is currently in the early stages of the legislative process after being sent to the House Committee on Financial Services for review. It is actively moving forward, but no future meetings or votes have been scheduled yet. There is no companion bill listed for this proposal.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

This is a statement of support that does not change any laws or spend money. Most resolutions like this are introduced to show support for a cause but do not often receive a full vote.

Key Points

This proposal encourages the government and private companies to work together to teach students about money. It aims to help young people learn how to budget, save for college, and manage credit cards before they face major financial decisions.
The resolution points out that many students are not prepared for the complex world of finance. It notes that only 39 states require a personal finance class for high school graduation and that many young people lack confidence in making money choices.
It supports existing programs that help women and minorities get internships and jobs in the financial sector. It also asks the Treasury Department to continue studying how much Americans know about money so the government can provide better tools and workshops.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

1 milestone2 actions

Apr 30, 2026House

Referred to the House Committee on Financial Services.

Apr 30, 2026

Submitted in House

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

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

Bill NumberHRES 1238

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Financial Services.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(4)

D: 4

Analysis generated by AI. Always verify with official sources.