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A bill to require the Financial Literacy and Education Commission to carry out a study on the impact of language barriers to financial health, to require the website and toll-free telephone number of the Commission to be provided in the most commonly spoken languages in the United States, and for other purposes.

5/3/2024, 10:56 AM

Summary of Bill S 4248

Bill 118 s 4248, also known as the Financial Literacy and Education Commission Language Access Act, aims to address the impact of language barriers on financial health in the United States. The bill requires the Financial Literacy and Education Commission to conduct a study on how language barriers affect individuals' ability to understand and manage their finances effectively.

Additionally, the bill mandates that the Commission's website and toll-free telephone number be accessible in the most commonly spoken languages in the United States. This provision aims to ensure that individuals with limited English proficiency have access to important financial resources and information in a language they understand.

Overall, the Financial Literacy and Education Commission Language Access Act seeks to promote financial literacy and education among diverse communities by addressing language barriers and providing access to essential financial information in multiple languages.

Current Status of Bill S 4248

Bill S 4248 is currently in the status of Bill Introduced since May 2, 2024. Bill S 4248 was introduced during Congress 118 and was introduced to the Senate on May 2, 2024.  Bill S 4248's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 2, 2024

Bipartisan Support of Bill S 4248

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4248

Primary Policy Focus

Alternate Title(s) of Bill S 4248

A bill to require the Financial Literacy and Education Commission to carry out a study on the impact of language barriers to financial health, to require the website and toll-free telephone number of the Commission to be provided in the most commonly spoken languages in the United States, and for other purposes.
A bill to require the Financial Literacy and Education Commission to carry out a study on the impact of language barriers to financial health, to require the website and toll-free telephone number of the Commission to be provided in the most commonly spoken languages in the United States, and for other purposes.

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