S 471
An Act supporting seniors’ financial stability
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill would authorize the State Treasurer’s office to develop a financial literacy curriculum specifically designed for seniors in Massachusetts. The goal is to improve seniors’ understanding of financial matters and promote their financial stability. This initiative aims to equip older adults with the knowledge and skills needed to manage their finances effectively. It’s a step towards supporting the financial well-being of Massachusetts’ senior population.
Key provisions
- Authorize the State Treasurer’s office to create a financial literacy curriculum.
- Focus the curriculum on supporting seniors’ financial stability.
- The curriculum’s development will be overseen by the Office of the State Treasurer.
- The curriculum is intended to benefit seniors in Massachusetts.
Who is affected
- Seniors in Massachusetts
- The Office of the State Treasurer
- Elder Affairs
Notable changes
- Establishes a new program to address financial literacy among seniors.
- Delegates curriculum development to the State Treasurer’s office.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Patricia D. Jehlen
Cosponsor
Patricia D. Jehlen
Arguments in favor
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Bill S.471 194th (Current)
An Act supporting seniors’ financial stability
By Ms. Jehlen, a petition (accompanied by bill, Senate, No. 471) of Patricia D. Jehlen that the Office of the State Treasurer be authorized to establish a curriculum to support seniors’ financial literacy. Elder Affairs.
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Bill Information
Bill Information
Presenter: Patricia D. Jehlen Status: Referred to Senate Committee on Ways and Means Special Attachments: Committee - Senate member votes
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Bill History Petitioners Committee Vote Primary Sponsor Summary
Bill History
Displaying 5 actions for Bill S.471
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Elder Affairs |
| 2/27/2025 | House | House concurred |
| 3/31/2025 | Joint | Hearing scheduled for 04/14/2025 from 10:00 AM-01:00 PM in A-1 |
| 6/27/2025 | Joint | Referred, pursuant to an order adopted by the two branches, to the committee on Aging and Independence |
| 7/14/2025 | Senate | Bill reported favorably by committee and referred to the committee on Senate Ways and Means |
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