Military Financial Literacy Act of 2026
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Summary
The Military Financial Literacy Act of 2026 expands financial and housing counseling services for active-duty service members and those transitioning from military service. The bill requires the Secretary of Defense to establish a one-on-one counseling program covering credit management, budgeting, anti-predatory lending practices, rental planning, VA home loans, and protections under the Servicemembers Civil Relief Act. The Secretary must partner with a HUD-approved, tax-exempt veteran service organization to deliver and certify housing counselors, and must report to Congress within two years on participation rates and outcomes.
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