Loading chat...

MA S752

Bill

Status

Introduced

2/27/2025

Primary Sponsor

Paul Feeney

Click for details

Origin

Senate

194th General Court

AI Summary

  • Establishes the Massachusetts Financial Literacy and Longevity Hub, a centralized online portal providing resources on financial education, budgeting, insurance, retirement planning, wealth building, and information on accredited financial institutions searchable by zip code

  • Creates a 13-member Adult Financial Literacy Education Consortium to develop a universal adult financial literacy curriculum, with recommendations due within 1 year of the act's effective date

  • Requires regional financial literacy centers across the commonwealth, funded through a competitive grant program administered by the Department of Higher Education at no cost to participants

  • Establishes a special legislative commission to develop a statewide financial literacy strategy, studying topics including cryptocurrencies, online commerce, identity theft prevention, and potential tax credits for completing financial education, with a report due by December 1, 2025

  • Mandates a semester-long personal finance class with an experiential learning component for all 11th or 12th grade students in Massachusetts public high schools

Legislative Description

Promoting financial literacy, wealth-building, and economic opportunity for all

Last Action

Accompanied a new draft, see S2988

3/12/2026

Committee Referrals

Financial Services2/27/2025

Full Bill Text

No bill text available