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MI HR0246

Resolution

Official Source

Status

Passed

4/15/2010

Primary Sponsor

Lesia Liss

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Origin

House of Representatives

95th Legislature

AI Summary

  • Declares April 2010 as Youth Financial Literacy Month in Michigan
  • Recognizes that financial literacy education at early ages promotes economic self-sufficiency, successful homeownership, and retirement security, particularly for low and moderate income citizens
  • Cites declining personal savings rates, increased bankruptcy filings, home foreclosures, and rising household debt as reasons financial education is crucial for young people
  • Encourages all citizens to raise public awareness about the need for increased financial literacy in schools and among children
  • Acknowledges credit unions' commitment to strengthening the financial knowledge of youth to prepare them for a fiscally responsible future

Legislative Description

A resolution to declare April 2010 as Youth Financial Literacy Month in the state of Michigan.

Youth Financial Literacy Month

Last Action

Adopted

4/15/2010

Full Bill Text

No bill text available