H.R. 6717

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6717 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 6717

To improve financial literacy training for members of the Armed Forces, 
and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

December 15, 2025

Ms. Johnson of Texas (for herself and Mrs. Kiggans of Virginia) 
introduced the following bill; which was referred to the Committee on 
Armed Services

_______________________________________________________________________

A BILL

To improve financial literacy training for members of the Armed Forces, 
and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Military Financial Literacy 
Accountability Act''.

SEC. 2. IMPROVEMENTS TO FINANCIAL LITERACY TRAINING FOR MEMBERS OF THE 
ARMED FORCES.

(a) Modifications to Financial Literacy and Preparedness Survey.--
Section 992(e) of title 10, United States Code, is amended--
(1) in paragraph (1)--
(A) by striking ``The Director of the Defense 
Manpower Data Center'' and inserting ``The Secretary of 
Defense''; and
(B) by striking ``armed forces.'' and inserting the 
following: ``armed forces that includes prompts 
intended to identify the following:
``(A) The current level of financial literacy among members 
of the Armed Forces who are enlisted members in a pay grade of 
E-7 or below or commissioned officers in a pay grade of O-4 or 
below.
``(B) The preferred methods of financial education delivery 
for members of the Armed Forces, including whether members 
prefer--
``(i) in-person instruction;
``(ii) online training modules;
``(iii) mobile applications;
``(iv) peer-to-peer learning programs;
``(v) financial counseling sessions; or
``(vi) any other delivery methods identified by 
such members.
``(C) The specific financial topics of greatest interest 
and need to the members, including whether members are 
interested in--
``(i) income management;
``(ii) debt management and credit repair;
``(iii) saving and investing strategies;
``(iv) home buying and mortgage financing;
``(v) transition financial planning;
``(vi) insurance needs and options;
``(vii) tuition assistance and education financing; 
or
``(viii) deployment and relocation financial 
planning.
``(D) Any barriers to participation in existing financial 
literacy training programs.
``(E) Recommendations from members of the Armed Forces for 
improving financial literacy training programs.''; and
(2) in paragraph (2)--
(A) by redesignating subparagraphs (A) and (B) as 
subparagraphs (B) and (C), respectively; and
(B) by inserting before subparagraph (B), as so 
redesignated, the following new subparagraph:
``(A) shall be compiled by the Director in such a way as to 
protect the privacy of the respondents to such survey;''.
(b) Additional Improvements.--The Secretary of Defense shall--
(1) ensure the Secretaries concerned modify the appropriate 
administrative systems to increase the accuracy of tracking 
completion of the financial readiness common military training 
by members of the Armed Forces;
(2) ensure the Secretaries concerned identify and address 
causes of non-completion of financial readiness common military 
training by members of the Armed Forces;
(3) establish a timeline for--
(A) determining which standardized performance 
measures, if any, are needed to measure the 
effectiveness of the financial education efforts of the 
Department of Defense; and
(B) the implementation of such performance 
measures; and
(4) submit to Congress an implementation timeline and 
strategy for carrying out the amendments made by subsection 
(a).
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