S.Amdt. 4191

SA 4191. Mr. THUNE submitted an amendment intended to be proposed to
amendment SA 3867 submitted by Mr. Reed and intended to be proposed to
the bill H.R. 4350, to authorize appropriations for fiscal year 2022
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 title VI, add the following:

SEC. 607. USE OF FINANCIAL SERVICES PROVIDERS IN PROVISION OF
FINANCIAL LITERACY TRAINING FOR MEMBERS OF THE
ARMED FORCES AT MILITARY INSTALLATIONS OUTSIDE
THE UNITED STATES.

Section 992 of title 10, United States Code, is amended--
(1) by redesignating subsections (d) and (e) as subsections
(e) and (f), respectively; and
(2) by inserting after subsection (c) the following new
subsection (d):
``(d) Training for Members Stationed Overseas.--
``(1) In general.--As part of the financial literacy
training provided under this section to members of the armed
forces stationed or deployed at an installation outside the
United States, the commander of such installation may, in the
commander's discretion, permit representatives of financial
services providers serving, or intending to serve, such
members to participate in such training, including in
orientation briefings regularly scheduled for members newly
arriving at such installation.
``(2) No endorsement.--In permitting representatives to
participate in training and orientation briefings pursuant to
paragraph (1), a commander may not endorse any financial
services provider or the services provided by such provider.
``(3) Financial services provider defined.--In this
subsection, the term `financial services provider' means the
following:
``(A) A financial institution, insurance company, or
broker-dealer that is licensed and regulated by the United
States or a State.
``(B) A money service business that is--
``(i) registered with the Financial Crimes Enforcement
Network (FinCEN) of the Department of the Treasury; and
``(ii) licensed and regulated by the United States or a
State.
``(C) The host-nation agent of a money service business
described in subparagraph (B).''.
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