An Act promoting financial literacy, wealth-building, and economic opportunity for all
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to improve financial literacy, encourage wealth-building, and expand economic opportunities for residents of Massachusetts. It seeks to provide resources and programs that help individuals manage their finances effectively and achieve greater economic stability. The bill’s specific details are currently under consideration through hearings and potential revisions. It is part of a series of related bills focused on financial well-being.
Key provisions
- Establishment of financial literacy programs.
- Promotion of wealth-building strategies.
- Expansion of economic opportunity initiatives.
- Support for financial education in schools.
- Potential for creating or strengthening financial assistance programs.
- Consideration of related legislation (S.2988, H.777, H.594, H.249, H.1331)
Who is affected
- Residents of Massachusetts
- Individuals seeking financial literacy resources
- Low- and moderate-income individuals
- Students
- Senior citizens
Notable changes
- The bill is part of a series of similar legislative efforts.
- It is currently being reviewed and potentially revised (S.2988).
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
Patrick Joseph Kearney
Arguments
Reasons offered for and against this legislation.
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