S.Amdt. 4622

SA 4622. Mr. FLAKE submitted an amendment intended to be proposed by
him to the bill S. 2943, to authorize appropriations for fiscal year
2017 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
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 subtitle E of title V, add the following:

SEC. 565. COORDINATION AND, AS APPROPRIATE, 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 coordination and, as possible, consolidation of the
current financial literacy training programs of the
Department of Defense and the military departments for
members of the Armed Forces into a coordinated and
comprehensive program of financial literacy training for
members that provides access over the life of the members'
service and in transit--
(1) and reduces unnecessary duplication and unnecessary
costs in the provision of financial literacy training to
members; and
(2) ensures that members receive effective and
comprehensive training in financial literacy as efficiently
as possible.
(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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