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United States · Bill · HR

H.R. 1538 (113th)

National Financial Literacy Act of 2013

referredUnited States· United States Congress· EN

Introduced

12 April 2013

Last action

12 April 2013 · Introduced

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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.

Sponsors

Rep. Johnson, Eddie Bernice [D-TX-30], Rep. Brown, Corrine [D-FL-5], Rep. Carson, André [D-IN-7], Rep. Hinojosa, Ruben [D-TX-15], Sen. Peters, Gary C. [D-MI], Rep. Vela, Filemon [D-TX-34], Rep. Lee, Barbara [D-CA-12], Rep. Ellison, Keith [D-MN-5], Rep. Veasey, Marc A. [D-TX-33], David Scott, Rep. Wilson, Frederica S. [D-FL-24], Rep. Rush, Bobby L. [D-IL-1], Rep. Clarke, Yvette D. [D-NY-9], Rep. Fudge, Marcia L. [D-OH-11], Del. Christensen, Donna M. [D-VI-At Large], Rep. Cleaver, Emanuel [D-MO-5], Rep. Green, Al [D-TX-9], Rep. Payne, Donald M., Jr. [D-NJ-10], Rep. Jeffries, Hakeem S. [D-NY-8], Rep. Thompson, Bennie G. [D-MS-2], Rep. Rangel, Charles B. [D-NY-15], Rep. Watt, Melvin L. [D-NC-12], Rep. Richmond, Cedric L. [D-LA-2], Rep. Butterfield, G. K. [D-NC-1], Rep. Scott, Robert C. "Bobby" [D-VA-3], Rep. Johnson, Henry C. "Hank" [D-GA-4], Rep. Sewell, Terri A. [D-AL-7], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Cartwright, Matt [D-PA-17]

Subjects

Taxation, Education

Source updated

12 August 2025

Taxation · Education

Official sourceDownload fileView documentsShare

Summary

National Financial Literacy Act of 2013 - Amends the Community Reinvestment Act of 1977 to require federal financial supervisory agencies jointly to prescribe regulations establishing: (1) minimum standards to be met by a community-based financial literacy program in order to be eligible for consideration as a qualified community-based financial literacy program; (2) procedures for financial institutions to apply to a federal financial supervisory agency for approval of such a program; and (3) a requirement that financial institutions submit a regular report on how the institution supported and promoted financial literacy in its entire community, including low- and moderate-income neighborhoods. Authorizes a federal financial supervisory agency to take an institution's direct support of a qualified community-based financial literacy program into account when it assesses the institution's record of meeting the community's credit needs. Amends the Internal Revenue Code to allow a tax credit to small businesses for 35% of the expenses paid or incurred for providing qualified continuing financial education to their employees.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 April 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 12 April 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 12 April 2013

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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.

    Source: IntroReferral

  4. 12 April 2013

    Introduced

    Sponsor introductory remarks on measure. (CR E448-449)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 12 April 2013

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  • Introduced in House (PDF)

    Introduced in House · EN · 12 April 2013

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  • Introduced in House

    summary · EN · 12 April 2013

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Sponsors

Related records

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Sources

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