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H.R. 7135: Young Investor Financial Education Act

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H.R. 7135: Young Investor Financial Education Act

110th Congress · introduced 2008-09-26 · Education · Latest: Referred to the House Committee on Education and Labor.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2008-09-26 · official record
  2. Who proposed it: Rep. Carson, Andre [D-IN-7] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Education and Labor. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Young Investor Financial Education Act

Plain summary

Young Investor Financial Education Act - Directs the Secretary of Education to award grants to states and, through them, subgrants to local educational agencies to establish financial education programs in high schools and train teachers in such course work. Allots funds to states based on their share of the country's 14 through 17 year olds, but requires each state grantee to receive at least one-half of 1% of the allotted funds. Directs the Secretary to create and maintain a central clearinghouse of information on high school financial education programs.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Young Investor Financial Education Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Carson, Andre [D-IN-7] · 6 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sponsor's campaign money: Rep. Carson, Andre [D-IN-7] reported raising $1.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Record fed-us-cong110-hr7135 · catalog fed-us-congress-bills-cong110 · updated 2026-11-15 by psicol fed-bills-cong110