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MI HR0221
Resolution
Status
Passed
4/18/2024
Primary Sponsor
Brenda Carter
Click for details
AI Summary
- Declares April 2024 as Financial Literacy Month in Michigan to promote financial education and economic self-sufficiency
- Recognizes Michigan's multi-year collaboration among financial institutions, non-profits, government entities, schools, and libraries on financial literacy programming
- Notes that average American credit card debt was $5,733 in Q1 2023 and that 18% of households could not pay monthly bills in full as of October 2022
- Encourages parents, schools, businesses, financial institutions, community organizations, and government units to observe the month with appropriate programs and activities
- Emphasizes financial education's importance for young people to become responsible workers, homeowners, entrepreneurs, and productive citizens
Legislative Description
A resolution to declare April 2024 as Financial Literacy Month in the state of Michigan.
Last Action
Adopted
4/18/2024
Full Bill Text
No bill text available