SMART Save Act of 2024
3/23/2024, 8:53 AMSummary of Bill S 3837
The SMART Save Act of 2024, also known as Bill 118 s 3837, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote saving and financial literacy among Americans, particularly young people.One of the key provisions of the SMART Save Act is the establishment of a national savings program for students. This program would provide incentives for students to save money for their future, such as matching contributions or tax benefits. The hope is that by encouraging young people to save early, they will develop good financial habits that will benefit them throughout their lives.
Additionally, the SMART Save Act aims to improve financial education in schools. The bill calls for the integration of financial literacy curriculum into K-12 education, ensuring that students are equipped with the knowledge and skills they need to make informed financial decisions. Another important aspect of the SMART Save Act is the promotion of employer-sponsored savings programs. The bill encourages employers to offer retirement savings plans to their employees, making it easier for workers to save for their future. Overall, the SMART Save Act of 2024 is a comprehensive piece of legislation aimed at promoting saving and financial literacy among Americans. By incentivizing saving, improving financial education, and promoting employer-sponsored savings programs, the bill seeks to empower individuals to take control of their financial futures.
Read the Full Bill
Current Status of Bill S 3837
Bill S 3837 is currently in the status of Bill Introduced since February 29, 2024. Bill S 3837 was introduced during Congress 118 and was introduced to the Senate on February 29, 2024. Bill S 3837's most recent activity was Read twice and referred to the Committee on Armed Services. as of February 29, 2024Bipartisan Support of Bill S 3837
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3837
Primary Policy Focus
Armed Forces and National SecurityAlternate Title(s) of Bill S 3837
SMART Save Act of 2024SMART Save Act of 2024Service Members Are Ready To Save Act of 2024A bill to improve financial literacy training for members of the Armed Forces.A bill to improve financial literacy training for members of the Armed Forces.Comments
Most relevant
Sponsors and Cosponsors of S 3837
Latest Bills
Law Enforcement Training for Mental Health Crisis Response Act of 2025
Bill HR 2502April 7, 2025
NPR and PBS Act
Bill HR 2443April 7, 2025
Secure Space Act of 2025
Bill HR 2458April 7, 2025
Manufactured Housing Tenant’s Bill of Rights Act of 2025
Bill HR 2461April 7, 2025
Abandoned Vessel Prevention Act
Bill HR 2500April 7, 2025
Raise the Age Act of 2025
Bill HR 2368April 7, 2025
Orderly Liquidation of the Department of Education Act
Bill HR 2456April 7, 2025
DETERRENCE Act
Bill HR 2394April 7, 2025
EASE Act of 2025
Bill HR 2437April 7, 2025
To direct the Secretary of Housing and Urban Development to annually submit to the Congress a report that analyzes State and local strategies, activities, and plans that promote affordable housing, and for other purposes.
Bill HR 2494April 7, 2025
SMART Save Act of 2024
Bill HR 7506March 21, 2024
National Defense Authorization Act for Fiscal Year 2025
Bill S 4638August 1, 2024