# 116-hr-8486: Student Empowerment and Financial Literacy Act

116-hr-8486, Student Empowerment and Financial Literacy Act, is a 116th Congress bill sponsored by Rep. Gallagher, Mike [R-WI-8] (R-WI); status Referred to the House Committee on Education and Labor. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8486
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8486
- Congress: 116
- Title: Student Empowerment and Financial Literacy Act
- Status: Referred to the House Committee on Education and Labor.
- Introduced: 2020-10-01
- Sponsor: Rep. Gallagher, Mike [R-WI-8] (R-WI)
- Cosponsors: 0
- Policy area: Education
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Student Empowerment and Financial Literacy Act This bill directs the Department of Education to award competitive grants to eligible entities to promote financial literacy in elementary and secondary schools. An eligible entity is an entity with demonstrated expertise in the development of strategies that are designed to improve understanding of personal finance topics (e.g., bank and credit union accounts, student loans, debt management, and saving) among elementary and secondary school students.

## Related bills

- 116-hr-8801: Air America Act of 2020
- 116-hr-8800: American Financial Markets Integrity and Security Act
- 116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020
- 116-hr-8663: Chinese Communist Party Influence Transparency Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-12: CTF Act

## Sources
- [116-hr-8486 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8486)

## Related
- [116-hr-8801: Air America Act of 2020](https://policyrisk.com/legislation/116-hr-8801)
- [116-hr-8800: American Financial Markets Integrity and Security Act](https://policyrisk.com/legislation/116-hr-8800)
- [116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020](https://policyrisk.com/legislation/116-hr-8702)
- [116-hr-8663: Chinese Communist Party Influence Transparency Act](https://policyrisk.com/legislation/116-hr-8663)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-12: CTF Act](https://policyrisk.com/legislation/116-hr-12)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8486 (as of 2025-11-18).