H4670
An Act relative to personal financial literacy education
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- Passed Senate
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Bill overview
This bill aims to improve personal financial literacy across Massachusetts. It seeks to establish a framework for providing financial education to residents, potentially through schools and other community resources. The goal is to empower individuals with the knowledge and skills needed to make informed financial decisions. The bill is currently being considered by the Senate Ways and Means Committee.
Key provisions
- Requires the Department of Elementary and Secondary Education to develop and implement financial literacy standards for public schools.
- Establishes a task force to develop recommendations for expanding financial literacy programs.
- Promotes financial literacy initiatives in community organizations and libraries.
- Encourages financial institutions to offer financial literacy resources to the public.
- Requires the state treasurer to provide financial literacy resources to the public.
- Directs the Department of Education to provide training to educators on financial literacy topics.
- Supports the development of financial literacy curricula for various age groups.
- Mandates the inclusion of financial literacy topics in high school graduation requirements.
Who is affected
- Students
- Residents of Massachusetts
- Schools
- Financial Institutions
- Community Organizations
Notable changes
Sponsors
Official sponsors from legislative records.
Primary sponsor
House Committee on Ways and Means
Cosponsors
Amy Mah Sangiolo
Francisco E. Paulino
John J. Lawn Jr.
Arguments in favor
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Bill H.4670 194th (Current)
An Act relative to personal financial literacy education
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Bill Information
Bill Information
Sponsor: House Committee on Ways and Means Status: Referred to Senate Committee on Ways and Means
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Bill History Amendments Cosponsors
Bill History
Displaying 8 actions for Bill H.4670
| Date | Branch | Action |
| 10/29/2025 | House | Reported from the committee on House Ways and Means |
| 10/29/2025 | House | Pending new draft of H627 |
| 10/29/2025 | House | New draft of H627 |
| 10/29/2025 | House | Ordered to a third reading |
| 10/29/2025 | House | Rules suspended |
| 10/29/2025 | House | Read third |
| 10/29/2025 | House | Passed to be engrossed - 155 YEAS to 0 NAYS (See YEA and NAY No. 97 ) |
| 10/30/2025 | Senate | Read; and referred to the committee on Senate Ways and Means |
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