An Act relative to the strengthening of financial literacy throughout the commonwealth
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to improve financial literacy across Massachusetts by establishing a financial literacy trust fund. The Department of Elementary and Secondary Education would be authorized to create and manage this fund. The goal is to provide resources and support for financial education programs in schools and communities throughout the state. This legislation builds upon previous efforts to promote financial literacy.
Key provisions
- Establishes a financial literacy trust fund.
- Authorizes the Department of Elementary and Secondary Education to manage the fund.
- Intends to provide resources for financial education programs.
- No specific funding sources are detailed in the text.
- Related bills H.4670 and H.636 are associated with this legislation.
Who is affected
- Students in Massachusetts public schools
- Families in Massachusetts
- The Department of Elementary and Secondary Education
- Financial education providers
Notable changes
- Builds on previous legislation like H.3347, which established a similar trust fund.
- Relates to existing efforts to improve financial literacy in the state.
- The bill is currently amended and linked to H4670.
Bill text
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Sponsors
Official sponsors from legislative records.
4 on record
Primary sponsor
Cosponsors
Arguments
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