S.Amdt. 1714

SA 1714. Mr. FLAKE submitted an amendment intended to be proposed to
amendment SA 1463 proposed by Mr. McCain to the bill H.R. 1735, to
authorize appropriations for fiscal year 2016 for military activities
of the Department of Defense and for military construction, to
prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of part I of subtitle H of title V, add the
following:

SEC. 584. CONSOLIDATION OF FINANCIAL LITERACY PROGRAMS AND
TRAINING FOR MEMBERS OF THE ARMED FORCES.

(a) Plan Required.--Not later than one year after the date
of the enactment of this Act, the Secretary of Defense shall
submit to the Committees on Armed Services of the Senate and
the House of Representatives a report setting forth a plan
for the consolidation of the current financial training
programs of the Department of Defense and the military
departments for members of the Armed Forces into a single
program of financial training for members that--
(1) eliminates duplication and costs in the provision of
financial training to members; and
(2) ensures that members receive effective training in
financial literacy in as few training sessions as is
necessary for the receipt of effective training.
(b) Implementation.--The Secretary of Defense and the
Secretaries of the military departments shall commence
implementation of the plan required by subsection (a) 90 days
after the date of the submittal of the plan as required by
that subsection.
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