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H.R. 5165: Financial Education in the Classroom Act of 2010

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H.R. 5165: Financial Education in the Classroom Act of 2010

111th Congress · introduced 2010-04-28 · Education · Latest: Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2010-04-28 · official record
  2. Who proposed it: Rep. Castle, Michael N. [R-DE-At Large] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education. 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

Financial Education in the Classroom Act of 2010

Plain summary

Financial Education in the Classroom Act of 2010 - Amends the Elementary and Secondary Education Act of 1965 to direct the Secretary of Education to award competitive grants to states and, through them, competitive subgrants to local educational agencies (LEAs) that partner with certain nonprofit, educational, community-based, or business entities to develop and carry out financial education programs to assist students in kindergarten through grade 12 achieve financial literacy. Authorizes the Secretary to award a competitive grant to a national nonprofit educational organization to improve the quality of financial education programs directly and through subgrants to states, LEAs, and state or local economic, personal finance, or entrepreneurial education organizations. Requires such grant or subgrant funds to be used for: (1) teacher training regarding economics, personal finance, and entrepreneurship; (2) evaluations of the impact economic and financial literacy education has on students; (3) incorporating economics and personal finance into school curricula; (4) economic and financial literacy education research; and (5) the development and dissemination of appropriate materials and best practices to promote economic and financial literacy.

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

Financial Education in the Classroom Act of 2010

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. Castle, Michael N. [R-DE-At Large] · 0 cosponsors

Cost estimate: No cost estimate published yet.

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.

Words on this page, explained (1)
Appropriation
Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong111-hr5165 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111