Thursday, April 19, 2012

Congresswoman Johnson Introduces The Financial Literacy Act Of 2012



Congresswoman Eddie Bernice Johnson has recently introduced the National Financial Literacy Act of 2012. The bill would require that federal financial supervisory agencies establish minimum standards for community-based financial literacy programs. The bill would also allow a tax credit to small businesses for 35% of the expenses paid or incurred for providing qualified continuing financial education to their employees.