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Accounting STEM Pursuit Act of 2023

1/30/2024, 8:15 AM

Summary of Bill HR 3541

Bill 118 hr 3541, also known as the Accounting STEM Pursuit Act of 2023, aims to promote and support the pursuit of careers in accounting and STEM fields. The bill focuses on increasing access to educational opportunities and resources for individuals interested in these fields.

One key aspect of the bill is the establishment of grant programs to support students pursuing degrees in accounting and STEM disciplines. These grants would provide financial assistance to help cover the costs of tuition, books, and other expenses associated with higher education.

Additionally, the bill includes provisions for the development of mentorship programs and internships to provide students with hands-on experience in the accounting and STEM industries. These programs are designed to help students gain practical skills and knowledge that will prepare them for successful careers in these fields. Furthermore, the bill emphasizes the importance of diversity and inclusion in the accounting and STEM industries. It includes measures to increase representation of underrepresented groups, such as women and minorities, in these fields through targeted recruitment and outreach efforts. Overall, the Accounting STEM Pursuit Act of 2023 seeks to support and encourage individuals interested in pursuing careers in accounting and STEM fields by providing them with the necessary resources and opportunities to succeed.

Congressional Summary of HR 3541

Accounting STEM Pursuit Act of 2023

This bill authorizes states and local educational agencies (LEAs) to use grant funds provided through the Student Support and Academic Enrichment Program for accounting education. In particular, LEAs may use these grant funds to implement programs to teach accounting, including by increasing access to high-quality accounting courses through 12th grade for students who are members of underrepresented groups.

Current Status of Bill HR 3541

Bill HR 3541 is currently in the status of Bill Introduced since May 18, 2023. Bill HR 3541 was introduced during Congress 118 and was introduced to the House on May 18, 2023.  Bill HR 3541's most recent activity was Referred to the House Committee on Education and the Workforce. as of May 18, 2023

Bipartisan Support of Bill HR 3541

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
94
Democrat Cosponsors
62
Republican Cosponsors
32
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3541

Primary Policy Focus

Education

Alternate Title(s) of Bill HR 3541

Accounting STEM Pursuit Act of 2023
Accounting STEM Pursuit Act of 2023
To amend the Student Support and Academic Enrichment Grant program to promote career awareness in accounting as part of a well-rounded STEM educational experience.

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