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Military Financial Literacy Act of 2026

In committee: it can still change before the session ends.

US HR 8056 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsors
24
Latest action
Mar 24, 2026

What it does

The Military Financial Literacy Act of 2026 would expand personalized financial and housing counseling for active-duty and transitioning members of the Armed Forces by requiring the Secretary of Defense to establish a one-on-one counseling program within one year of enactment, covering topics such as credit management, budgeting, anti-predatory lending, permanent change of station planning, VA home loans, and protections under the Servicemembers Civil Relief Act. The bill mandates that the Secretary partner with a HUD-approved, tax-exempt Veteran Service Organization with expertise in financial literacy and housing counseling for military-connected individuals to deliver and certify these…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Mar 24, 2026

  2. Committee (Current step)

    In committee · Mar 24, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Military Financial Literacy Act of 2026 | 52