Bill · S. 3233· Senate(119-S-3233)
FINANCE Act
- Introduced
- 11/20/2025
- Last activity
- 11/20/2025 — Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Sponsored by
- Edward Markey
- Cosponsors
- - 3 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the FINANCE Act, seeks to amend the Older Americans Act of 1965. It aims to provide financial planning services specifically related to the needs of family caregivers. The legislation allows the Assistant Secretary to make grants to various eligible entities. These entities can use the funds to offer guidance on public benefits, care options, and budgeting. The bill also focuses on providing information regarding long-term care costs and debt management. Additionally, it aims to ensure these services are accessible to diverse groups of people.
Yes· 3 of 10
Would people over 65 be better off under this?+4
The bill helps seniors and their caregivers plan for long-term care, estate planning, and aging wishes.
Would households on low incomes be better off under this?+3
The bill provides guidance on public benefits and debt management which is highly beneficial for low-income families.
Would Hispanic Americans be better off under this?+3
The bill ensures accessibility through translation and interpretation services for non-English primary language speakers.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Financial Guidance for Caregivers: Eligible entities can use grant funds to provide information on budgeting, saving, spending, and managing debt or bankruptcy (Section 2, subsection e, part 1).
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Support for Care Planning: The bill allows for guidance on care options and how to discuss care wishes as an individual ages (Section 2, subsection e, part 1, parts B and D).
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Access to Legal Resources: The services can provide referrals to legal assistance for important topics like estate planning, power of attorney, health care powers, and wills (Section 2, subsection e, part 1, part H).
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Information on Care Costs: Caregivers can receive information and education regarding what long-term care will cost (Section 2, subsection e, part 1, part F).
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Increased Accessibility: The bill requires services to be provided in accessible ways, such as through assistive technology, accessible language, and translation or interpretation services for those whose primary language is not English (Section 2, subsection e, part 2).
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Seniors+4Good For Hispanic Americans+3Good For Low Income Households+3Good For People With Disabilities+3
- Social Issues And Justice
- Improves Disability Rights+3Improves Poverty Reduction+2
- Healthcare
- Improves Healthcare Access+3
- Economy And Finance
- Improves Fiscal Responsibility+2
- Education And Technology
- Improves Internet Access+2
- Governance And Ideology
- Improves Privacy Rights+2
- 11/20/2025
- Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- 3 Cosponsors added.
- Introduced in Senate
Kirsten GillibrandDemocrat · New York
Amy KlobucharDemocrat · Minnesota
Andy KimDemocrat · New Jersey