Two-Generation Economic Empowerment Act of 2016

Two-Generation Economic Empowerment Act of 2016 This bill establishes the interagency Council on Multigenerational Poverty to carry out specified objectives and the 2-generation approach, including by providing guidance, and addressing questions pertaining to 2-generation programs and other programs engaging in efforts to break the cycle of multigenerational poverty. The council shall develop, make available for public comment, and submit to the President and Congress, a strategic plan to end and prevent multigenerational poverty that includes activities under the 2-generation approach and other activities consistent with specified objectives. The council shall ensure that specified information is made available to the public and displayed on the official website of the council, including the national strategic plan to end and prevent multigenerational poverty and certain information on the 2-generation program. The Government Accountability Office must study, and report to Congress and the council, on federal block grants under the jurisdiction of council participants to identify barriers and opportunities for collaboration in order to carry out the 2-generation approach. The council shall establish: (1) the 2-generation performance partnership pilot program, and (2) the 2-generation social impact bonds pilot program. The Office of Management and Budget shall designate lead agencies for purposes of carrying out the 2-generation programs.