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S. 2816: Program to Inspire Growth and Guarantee Youth Budgeting Advice and Necessary Knowledge Act

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S. 2816: Program to Inspire Growth and Guarantee Youth Budgeting Advice and Necessary Knowledge Act

117th Congress · introduced 2021-09-23 · Education · Latest: Read twice and referred to the Committee on Finance.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-09-23 · official record
  2. Who proposed it: Sen. Peters, Gary C. [D-MI] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Finance. 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

Program to Inspire Growth and Guarantee Youth Budgeting Advice and Necessary Knowledge Act

Plain summary

PIGGY BANK Act or the Program to Inspire Growth and Guarantee Youth Budgeting Advice and Necessary Knowledge Act This bill requires the Department of Education to establish a pilot program for local educational agencies to carry out youth savings match programs for students in grades 9-12.

Congressional Research Service summary (Introduced in Senate), 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

Program to Inspire Growth and Guarantee Youth Budgeting Advice and Necessary Knowledge Act

Source: Congressional Research Service summary (Introduced in Senate)

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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: Sen. Peters, Gary C. [D-MI] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Cynthia M. Lummis (R-WY)

Sponsor's campaign money: Sen. Peters, Gary C. [D-MI] reported raising $303,094 (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 (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-s2816 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117