H.Res. 721: Encouraging greater public-private sector collaboration to promote financial literacy for students and young adults.

113th Congress · introduced 2014-09-11 · Finance and Financial Sector · Latest: Referred to the House Committee on Financial Services.

federal

Follow this bill, step by step

Where it came from: introduced 2014-09-11 · official record
Who proposed it: Rep. Foster, Bill [D-IL-11] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Financial Services. Not final yet: this can still change. We check for updates every day.
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

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

Plain summary

Supports the efforts of the President's Advisory Council on Financial Literacy in working with the public and private sectors to: increase financial education for youth in school and for adults in the workplace, increase access to financial services, establish measures of national financial literacy, conduct research on financial knowledge, and strengthen financial education programs. Reaffirms the purposes of the Dodd-Frank Act directing federal financial agencies and the entities they regulate to partner with organizations focused on developing opportunities to place talented young minorities and women in industry internships, summer employment, and full-time positions. Supports the efforts of the Consumer Financial Protection Bureau (CFPB) to provide consumers with relevant information and decisionmaking tools regarding important financial decisions.

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

What a vote does

A “Yea” vote

A Yea supports adopting this resolution.

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

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

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Rep. Foster, Bill [D-IL-11] · 19 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

André Carson (D-IN), Steve Cohen (D-TN), Robin L. Kelly (D-IL), Gregory W. Meeks (D-NY), Eleanor Holmes Norton (D-DC), Mark Pocan (D-WI), Mike Quigley (D-IL), Bradley Scott Schneider (D-IL)

Sponsor's campaign money: Rep. Foster, Bill [D-IL-11] reported raising $2.6 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.

Words on this page, explained (2)

Resolution: A formal statement or decision by a legislative body. Simple resolutions often only express an opinion or set rules for one chamber; they do not become law.
Roll-call vote: A vote where each member's position is recorded by name, so the public can see how every member voted. "Yea" means yes, "Nay" means no, "Present" means the member was there but did not take a side.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-113hres721.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/113/hres>

Record fed-us-cong113-hres721 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113