What does Preamble of HR 6717 do?

This bill aims to improve financial literacy training for members of the Armed Forces. The bill is formally titled 'To improve financial literacy training for members of the Armed Forces, and for other purposes.'

What does SHORT TITLE. of HR 6717 do?

This bill is formally titled the Military Financial Literacy Accountability Act.

What does IMPROVEMENTS TO FINANCIAL LITERACY TRAINING FOR MEMBERS OF THE of HR 6717 do?

This section modifies Section 992(e) of title 10, United States Code, concerning the Financial Literacy and Preparedness Survey. The Secretary of Defense, rather than the Director of the Defense Manpower Data Center, is now responsible for compiling the survey. The survey will now include prompts to identify the current level of financial literacy among enlisted members in pay grades E-7 or below and commissioned officers in pay grades O-4 or below. The survey will also assess preferred methods of financial education delivery and specific financial topics of interest to service members. The survey will identify barriers to participation in existing financial literacy training programs and solicit recommendations for improvement. Subparagraph (A) of paragraph (2) is added, requiring the Director to compile the survey while protecting the privacy of respondents. The Secretary of Defense must ensure administrative systems track completion of financial readiness common military training. The Secretary of Defense must identify and address causes of non-completion of financial readiness common military training. The Secretary of Defense must establish a timeline for determining and implementing standardized performance measures to assess the effectiveness of financial education efforts. The Secretary of Defense must submit an implementation timeline and strategy to Congress for carrying out the amendments.

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Military Financial Literacy Accountability Act — HR. 6717

Last updated: 12/15/2025 · Introduced: 12/15/2025

Author: Julie Johnson (D-TX)

TL;DR (AI)

This bill transfers responsibility for the Financial Literacy and Preparedness Survey from the Defense Manpower Data Center to the Secretary of Defense.
The survey will now assess financial literacy levels, preferred training methods, and barriers to participation among enlisted and commissioned service members.
The Secretary of Defense must track financial readiness training completion, address non-completion causes, and establish performance measures to evaluate financial education effectiveness.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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