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20 U.S.C. § 9704 — Powers of the Commission

submitted 23 years ago by Pub. L. 108-159 to r/title-20-EDUCATION · 231 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section assigns the listed duties, powers, or authorities to the named actors. It also states the conditions and limits that apply to those actions.

(a) Hearings (1) In general The Commission must hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Commission deems appropriate to carry out this chapter. (2) Participation In hearings held under this subsection, the Commission must consider inviting witnesses from, among other groups— (A) other Federal Government officials; (B) State and local government officials; (C) consumer and community groups; (D) nonprofit financial literacy and education groups (such as those involved in personal finance and economic education); and (E) the financial services industry. (b) Information from Federal agencies The Commission can secure directly from any Federal department or agency such information as the Commission considers necessary to carry out this chapter. Upon request of the Chairperson, the head of such department or agency must furnish such information to the Commission. (c) Periodic studies The Commission can conduct periodic studies regarding the state of financial literacy and education in the United States, as the Commission determines appropriate. (d) Multilingual The Commission can take any action to develop and promote financial literacy and education materials in languages other than English, as the Commission deems appropriate, including for the website established under section 9703(b) of this title , at the toll-free number established under section 9703(c) of this title , and in the materials developed and disseminated under section 9703(d) of this title .

the actual law source: uscode.house.gov ↗public domain
(a) Hearings
(1) In general

The Commission shall hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Commission deems appropriate to carry out this chapter.

(2) Participation

In hearings held under this subsection, the Commission shall consider inviting witnesses from, among other groups—

(A)

other Federal Government officials;

(B)

State and local government officials;

(C)

consumer and community groups;

(D)

nonprofit financial literacy and education groups (such as those involved in personal finance and economic education); and

(E)

the financial services industry.

(b) Information from Federal agencies

The Commission may secure directly from any Federal department or agency such information as the Commission considers necessary to carry out this chapter. Upon request of the Chairperson, the head of such department or agency shall furnish such information to the Commission.

(c) Periodic studies

The Commission may conduct periodic studies regarding the state of financial literacy and education in the United States, as the Commission determines appropriate.

(d) Multilingual

The Commission may take any action to develop and promote financial literacy and education materials in languages other than English, as the Commission deems appropriate, including for the website established under section 9703(b) of this title, at the toll-free number established under section 9703(c) of this title, and in the materials developed and disseminated under section 9703(d) of this title.

Source credit: (Pub. L. 108–159, title V, § 515, Dec. 4, 2003, 117 Stat. 2007.)

history & why it existsrecord from the source credit
  • 2003Enacted · Pub. L. 108-159 · 117 Stat. 2007

A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-159 on 2003-12-04.

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