Massachusetts · 194th General Court (2025-2026)

H 627Floor Vote

An Act relative to the strengthening of financial literacy throughout the commonwealth

Source of recordMassachusetts · malegislature.govLast synced Aug 31, 2026

Chamber

House

Progress

Where this bill stands in the legislative process.

Introduced
Passed House
Passed Senate
To Governor
Became Law

Overview

This bill seeks to establish a financial literacy trust fund within the Commonwealth, authorized by the Department of Elementary and Secondary Education. The goal is to improve financial literacy education for students throughout Massachusetts. It builds upon previous efforts to establish a similar fund and is currently being considered by the legislature.

Key provisions

Establishes a Financial Literacy Trust Fund.
Authorizes the Department of Elementary and Secondary Education to manage the fund.
The fund’s purpose is to support financial literacy initiatives.
The bill is accompanied by H594 and H636.
The bill was reported favorably by the committee on Education.
The bill was referred to the committee on Rules of the two branches, acting concurrently.
The bill was amended and a new draft (H4670) was substituted.
The bill was read second, amended, and placed in the Orders of the Day for a second reading.

Who is affected

Students in Massachusetts public schools
The Department of Elementary and Secondary Education
The Commonwealth of Massachusetts
Financial literacy educators
Parents and families of students

Notable changes

Builds upon previous legislation (H.3347 and S.1337) to create a financial literacy trust fund.

Bill text

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Legislative history

12 recorded actions

Feb 27, 2025House

Referred to the committee on Education

Feb 27, 2025Senate

Senate concurred

Sep 2, 2025joint

Hearing scheduled for 09/16/2025 from 11:00 AM-5:00 PM in Gardner Auditorium

Oct 23, 2025House

Accompanied by H594 and H636

Oct 23, 2025House

Bill reported favorably by committee and referred to the committee on Rules of the two branches, acting concurrently

Oct 23, 2025House

Committee recommended ought to pass and referred to the committee on House Ways and Means

Oct 29, 2025House

Committee recommended ought to pass with an amendment, substituting therefor a bill, see H4670

Oct 29, 2025House

Referred to the committee on House Steering, Policy and Scheduling with the amendment pending

Oct 29, 2025House

Committee reported that the matter be placed in the Orders of the Day for the next sitting for a second reading with the amendment pending

Oct 29, 2025House

Rules suspended

Oct 29, 2025House

Read second, amended (as recommended by the committee on House Ways and Means)

Oct 29, 2025House

New draft substituted, see H4670

Votes

Recorded roll calls and chamber actions on this bill.

Vote map

House districts

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Nay

Yea

Floor votes and chamber actions

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Recorded roll calls

Geography

Recorded positions across the state.

No public positions recorded for this legislation.

Arguments

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Arguments in favor

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Arguments opposed

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An Act relative to the strengthening of financial literacy throughout the commonwealth

Progress

Overview

Key provisions

Who is affected

Notable changes

Bill text

Sponsors

Primary sponsor

Cosponsors

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls

Geography

Arguments

Arguments in favor

Arguments opposed

Geography

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls