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MI SR0027
Resolution
AI Summary
- Designates April 2025 as Financial Literacy Month in Michigan
- Recognizes Public Act 105 of 2022, which established a stand-alone financial literacy course requirement for Michigan high school graduates
- Highlights that 13% of Americans struggle to pay monthly bills and 11% have missed credit card or loan payments in the past year, according to 2022 National Foundation for Credit Counseling data
- Acknowledges Michigan's financial literacy programming involving hundreds of organizations including financial institutions, nonprofits, government entities, schools, and libraries
- Calls on parents, schools, businesses, financial institutions, community organizations, and government units to observe the month with appropriate programs and activities
- Adopted by the Senate on April 16, 2025
Legislative Description
A resolution to designate April 2025 as Financial Literacy Month.
Last Action
Adopted
4/16/2025
Full Bill Text
No bill text available