HR8373-119

In Committee

Improving Access to Financial Coaching Act of 2026

119th Congress Introduced Apr 20, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, Improving Access to Financial Coaching Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Social Welfare.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HBB8C84E1DCBE4EBEAA21697442B11275: 1. Short title This Act may be cited as the Improving Access to Financial Coaching Act of 2026.
  • Section H750845E6B53046B3BB9F00903AE87B98: 2. Findings and purpose Congress finds that— many consumers, particularly low- and moderate-income households, face significant challenges in managing personal...
  • Section H4DFA22F7F24C4895AD1DDAE165508A3E: 3. Financial coaching services grant Not later than 1 year after the date of the enactment of this section, the Secretary of the Treasury, acting through the...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, Improving Access to Financial Coaching Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Social Welfare

Primary Purpose

This bill, Improving Access to Financial Coaching Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Social Welfare

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Legislative Progress

In Committee
Introduced Committee Passed
Apr 20, 2026

Referred to the House Committee on Financial Services.

Apr 20, 2026

Introduced in House

Apr 20, 2026

Ms. Garcia of Texas (for herself, Ms. Norton, Mr. Carson, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Government Operations Social Welfare
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology