S2022-118

Introduced

To establish a youth savings match grant program for students in grades 9 through 12.

118th Congress Introduced Jun 15, 2023

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, To establish a youth savings match grant program for students in grades 9 through 12., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Finance, Government Operations.

Who Benefits and How

schools, students, and education providers 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, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the PIGGY BANK Act or the Program to Inspire Growth and Guarantee Youth Budgeting Advice and Necessary Knowledge Act.
  • Section idCB69BFBD88864A17A82E3AF0C828F51D: 2. Pilot youth savings match grant program In this Act: The terms local educational agency and parent have the meaning given those terms in section 8101 of 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, To establish a youth savings match grant program for students in grades 9 through 12., changes federal law or congressional policy affecting schools, students, and education providers.

Key Policy Areas

Education, Finance, Government Operations

Primary Purpose

This bill, To establish a youth savings match grant program for students in grades 9 through 12., changes federal law or congressional policy affecting schools, students, and education providers.

Policy Domains

Education Finance Government Operations

Whole bill

Identified Gains
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
schools, students, and education providers:
Identified Costs
  • federal implementing agencies
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
schools, students, and education providers:

Legislative Progress

Introduced
Introduced Committee Passed
Jun 15, 2023

Mr. Peters (for himself and Ms. Lummis) introduced the following …

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
Education Finance Government Operations
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_education"
→ Secretary of Education

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