An Act supporting seniors’ financial stability
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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 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.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Patricia D. Jehlen
Cosponsor
Patricia D. Jehlen
Arguments
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