SMART Save Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 7506 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 7506 To improve financial literacy training for members of the Armed Forces. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 29, 2024 Ms. Sewell (for herself and Mr. Moylan) 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. 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 ``Service Members Are Ready To Save Act of 2024'' or the ``SMART Save Act of 2024''. SEC. 2. IMPROVEMENTS TO FINANCIAL LITERACY TRAINING. (a) In General.--Subsection (a) of section 992 of title 10, United States Code, is amended-- (1) in paragraph (2)(C), by striking ``grade E-4'' and inserting ``grade E-6''; (2) by adding at the end the following new paragraph: ``(5) In carrying out the progra…