No official summary available for this bill.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3233 Introduced in Senate (IS)]
<DOC>
119th CONGRESS
1st Session
S. 3233
To amend the Older Americans Act of 1965 to provide financial planning
services related to the needs of family caregivers, and for other
purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
November 20, 2025
Mr. Markey (for himself, Ms. Klobuchar, Mrs. Gillibrand, and Mr. Kim)
introduced the following bill; which was read twice and referred to the
Committee on Health, Education, Labor, and Pensions
_______________________________________________________________________
A BILL
To amend the Older Americans Act of 1965 to provide financial planning
services related to the needs of family caregivers, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Financial Services Improving Noble
and Necessary Caregiving Experience Act'' or the ``FINANCE Act''.
SEC. 2. FINANCIAL PLANNING SERVICES.
Title IV of the Older Americans Act of 1965 is amended by inserting
after section 414 (42 U.S.C. 3032c) the following:
``SEC. 415. FINANCIAL PLANNING SERVICES.
``(a) Definitions.--In this section:
``(1) The term `family caregiver'--
``(A) means--
``(i) an adult family member, or another
individual, who is an informal provider of in-
home and community care to an older individual
or to an individual of any age with Alzheimer's
disease or a related disorder with neurological
and organic brain dysfunction; or
``(ii) an older relative caregiver; and
``(B) does not include an individual providing care
whose primary relationship with the individual
receiving the care is based on a financial or
professional agreement.
``(2) The term `older relative caregiver' means a caregiver
who--
``(A)(i) is age 55 or older; and
``(ii) lives with, is the informal provider of in-
home and community care to, and is the primary
caregiver for, a child or an individual with a
disability;
``(B) in the case of a caregiver for a child--
``(i) is the grandparent, stepgrandparent,
or other relative (other than the parent) by
blood, marriage, or adoption, of the child;
``(ii) is the primary caregiver of the
child because the biological or adoptive
parents are unable or unwilling to serve as the
primary caregivers of the child; and
``(iii) has a legal relationship to the
child, such as legal custody, adoption, or
guardianship, or is raising the child
informally; and
``(C) in the case of a caregiver for an individual
with a disability, is the parent, grandparent, or other
relative by blood, marriage, or adoption, of the
individual with a disability.
``(b) Grants.--The Assistant Secretary may make grants to eligible
entities to provide financial planning services related to the needs of
family caregivers.
``(c) Eligible Entity.--To be eligible to receive a grant under
subsection (b), an entity shall be a State or local government agency,
a nonprofit organization, an area agency on aging, the provider of a
multipurpose senior center, an institution of higher education, or a
tribal organization.
``(d) Application.--To be eligible to receive a grant under
subsection (b), an entity shall submit an application to the Assistant
Secretary at such time, in such manner, and containing such information
as the Assistant Secretary may require.
``(e) Use of Funds.--An eligible entity that receives a grant under
subsection (b) shall use the grant funds--
``(1) to provide financial planning services, through
individuals with the appropriate training and licenses, that
include--
``(A) guidance on available public benefits;
``(B) guidance on care options, including on
supports for paid and unpaid family caregivers;
``(C) information on budgeting, saving, and
spending;
``(D) information on how and when to begin talking
about desires and wishes around care as an individual
ages;
``(E) guidance on managing debt, debt relief, and
bankruptcy;
``(F) information and education on what long-term
care will cost;
``(G) resources and information, including outreach
materials, technical assistance materials, and other
resources and information available through the center
referred to in section 215(k); and
``(H) referrals to providers of legal assistance
under title III or VII, for legal assistance on topics
including estate planning, power of attorney, health
care powers, and wills; and
``(2) to provide those services in a manner that is
accessible, as appropriate for the recipient, including
providing the services--
``(A) through assistive technology;
``(B) in accessible language;
``(C) for caregivers for whom English is not their
primary language, through translation or interpretation
services; and
``(D) for caregivers, in accessible formats,
including formats compatible with American Sign
Language and multiple languages.''.
<all>
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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