Military Financial Literacy Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8056 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8056 To expand credentialed, personalized financial and housing counseling to members of the Armed Forces serving on active duty or transitioning from service, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 24, 2026 Ms. McDonald Rivet (for herself and Mr. Harrigan) introduced the following bill; which was referred to the Committee on Armed Services _______________________________________________________________________ A BILL To expand credentialed, personalized financial and housing counseling to members of the Armed Forces serving on active duty or transitioning from service, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Military Financial Literacy Act of 2026''. SEC. 2. EXPANSION OF PERSONALIZED FINANCIAL AND HOUSING COUNSELING FOR MEMBERS OF THE ARMED FORCES. (a) In General.--Section 992 of title 10, United States Code, is amended-- (1) in subsection (a)(1)-- (A) by redesignating subparagraphs (D) and (E) as subparagraphs (E) and (F), respectively; and (B) by inserting after subparagraph (C) the following new subparagraph: ``(D) practices relating to financial management, home buying and selling, renting during changing permanent station, rental planning, home loans available through the programs of the Department of Veterans Affairs, and other financial services that are routinely offered to private sector home loans;''; (2) by redesignating subsection (d) through (f) as subsections (e) through (g), respectively; and (3) by inserting after subsection (c) the following new subsection: ``(d) Individualized Financial and Housing Counseling.--(1) Not later than one year after the dat