Provides grants to nonprofit organizations that provide financial literacy classes; appropriates $100,000.

S 483 creates a $100,000 grant program to help nonprofit organizations teach financial literacy. The Commissioner of Banking and Insurance will award grants of up to $5,000 each to 501(c)(3) nonprofits focused on financial counseling or education. These grants fund classes covering budgeting, credit management, loans, and investing, specifically for high school, college, and adult education settings. The program expires after one year or once all $100,000 is spent.