H 4670
An Act relative to personal financial literacy education
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- Passed House
- 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, with the goal of promoting responsible financial decision-making. The bill intends to support individuals in understanding and managing their finances effectively. It builds upon previous efforts to enhance financial literacy within the state.
Key provisions
- Requires the Department of Elementary and Secondary Education to develop and implement financial literacy standards for public schools.
- Establishes a financial literacy task force to provide recommendations for expanding access to financial education.
- Supports the creation of financial literacy programs for adults.
- Encourages financial institutions to offer financial literacy resources to the public.
- Directs the state treasurer to provide financial literacy education to students.
- Requires the Department of Education to develop and disseminate financial literacy resources.
- Promotes collaboration between schools, financial institutions, and community organizations to deliver financial literacy programs.
Who is affected
- Students in Massachusetts public schools
- Adult residents of Massachusetts
- Financial institutions
- The Department of Elementary and Secondary Education
- The Department of Education
Notable changes
Sponsors
Official sponsors from legislative records.
Primary sponsor
House Committee on Ways and Means
Cosponsors
Amy Mah Sangiolo
Francisco E. Paulino
Jr. John J. Lawn
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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